Gensol Engineering Archives

Business

SAT Denies Gensol Engineering’s Plea Against SEBI Ban Over Fund Diversion Allegations

adminMay 7, 2025

by adminMay 7, 2025021

The Securities Appellate Tribunal (SAT) on Wednesday dismissed Gensol Engineering Ltd’s request to stay a Securities and Exchange Board of India (SEBI) interim order that...

Business

Corp Affairs Ministry Launches Probe Into Gensol Engineering, BluSmart Mobility

adminMay 6, 2025

by adminMay 6, 2025021

The Ministry of Corporate Affairs (MCA) has initiated a formal investigation into the operations of Gensol Engineering Ltd and BluSmart Mobility, citing alleged breaches of...

Business

ICAI Likely To Conclude Review Of Gensol Engineering And BluSmart Financials In 6 Months

adminMay 3, 2025

by adminMay 3, 2025021

The Institute of Chartered Accountants of India (ICAI) is expected to complete its review of the financial statements of Gensol Engineering Ltd and BluSmart Mobility...

Business

ED Raids Gensol Engineering, Detains Co-Promoter Puneet Jaggi Amid Financial Irregularity Probe

adminApril 25, 2025

by adminApril 25, 2025019

The Enforcement Directorate (ED) on Thursday carried out searches at multiple locations linked to Gensol Engineering Ltd, a company now under intense scrutiny over alleged...

Business

ICAI To Investigate Gensol Engineering, BluSmart Mobility’s Financial Records For FY24

adminApril 23, 2025

by adminApril 23, 2025023

The Institute of Chartered Accountants of India (ICAI) has decided to examine the financial records of Gensol Engineering Ltd and BluSmart Mobility Pvt Ltd for...

Business

SEBI Heat Prompts BluSmart To Appoint Grant Thornton For Financial Review: Report

adminApril 23, 2025

by adminApril 23, 2025022

Electric cab operator BluSmart has appointed global audit firm Grant Thornton to conduct a forensic investigation into its financial operations, according to a report by...

Technology

Indian ride-hailing startup BluSmart swept up in Gensol investigation alleging misuse of EV loans | TechCrunch

adminApril 15, 2025

by adminApril 15, 2025022

India’s market regulator launched a probe Tuesday into Gensol Engineering after finding alleged misuse of electric vehicle loans. BluSmart, a ride-hailing startup connected to Gensol...

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