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Under SEBI Lens, Jaggi Brothers Resign From Gensol

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SUMMARY

In their resignation letters, Anmol Singh Jaggi and Puneet Singh Jaggi said they were resigning due to SEBI’s directions

Last month, SEBI barred the Jaggi brothers from holding any directorial or key managerial positions in the listed companies

The regulator said that the duo allegedly diverted proceeds from INR 978 Cr loan, taken for buying EVs for BluSmart, to purchase an apartment, invest in other startups, and more

Gensol Engineering MD Anmol Singh Jaggi and…

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