Gensol Encountering Insolvency Issues as IREDA Initiates NCLT Proceedings Over ₹510 Crore Loan Default
IREDA has moved NCLT against Gensol Engineering over a Rs 510 crore loan default, seeking insolvency.
IREDA has moved NCLT against Gensol Engineering over a Rs 510 crore loan default, seeking insolvency.
Gensol Engineering executives Anmol and Puneet Jaggi resign, citing compliance with SEBI's order.
SEBI removed Gensol's Jaggi brothers from directorial roles for siphoning funds for luxury expenses.
Gensol Engineering's stock plummeted over 40% after ICRA downgraded its rating due to governance concerns.