BluSmart-Linked Gensol’s Arun Menon Quits Amid SEBI Probe

With Gensol Engineering under SEBI lens, its independent director Arun Menon has resigned with immediate effect, citing concerns over the “debt position of the company

Menon’s resignation came after SEBI banned Gensol and related entities from the stock market until further notice, alleging its cofounders misused funds allocated for buying EVs

Amid regulatory crackdown on Gensol, which leased EVs to BluSmart, the latter has temporarily suspended its cab scheduling services in…