💨 Abstract

The Corporate Affairs Ministry has announced it will investigate Gensol Engineering, a publicly listed company, following a Securities and Exchange Board of India (Sebi) order that barred its promoters from the securities market due to violations. The order comes amid allegations of misuse of loan funds for personal purposes, which has raised concerns over corporate governance and financial misconduct.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖