Tag: #FundDiversion

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SEBI Flags ₹43 Crore Apartment Deal Involving DLF Amid Gensol Engineering Investigation

April 17, 2025

NEW DELHI: The Securities and Exchange Board of India (SEBI) has issued a detailed interim order against Gensol Engineering Ltd and its promoters, Anmol and Puneet Singh Jaggi, highlighting serious concerns around financial misconduct and misuse of public funds. The 29-page order outlines a pattern of fund diversion, false disclosures, and questionable financial practices at […]

SEBI Flags ₹43 Crore Apartment Deal Involving DLF Amid Gensol Engineering Investigationmore

SEBI Bans Anil Ambani and 24 Other Entities for Five Years in Fund Diversion Case.

August 25, 2024

NEW DELHI: The Securities and Exchange Board of India (SEBI) has taken stringent action against industrialist Anil Ambani and 24 other entities, including former key officials of Reliance Home Finance Ltd (RHFL), by barring them from the securities market for five years due to their involvement in a fund diversion case. SEBI imposed a penalty […]

SEBI Bans Anil Ambani and 24 Other Entities for Five Years in Fund Diversion Case.more