💨 Abstract

The Securities and Exchange Board of India (Sebi) found no manufacturing activity at Gensol Engineering's electric vehicle (EV) plant in Pune, with only 2-3 laborers present. Sebi's interim order, issued on April 15, also found discrepancies and misleading disclosures by Gensol, alleging manipulation of share price and misappropriation of funds.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

Powered by MessengerX.io