Gensol founders Anmol Singh Jaggi and whole time director Puneet Singh Jaggi resign

Gensol Engineering's Managing Director Anmol Singh Jaggi and Whole-time Director Puneet Singh Jaggi have resigned, effective May 12, following a SEBI order. The regulatory action bars them from securities markets due to accusations of siphoning loan funds for personal use. This raises concerns about corporate governance within Gensol Engineering and their electric mobility venture, BluSmart Mobility.