Gensol Engineering and the SEBI Order: A Wake-Up Call for Corporate Governance
On April 15, 2025, the Securities and Exchange Board of India (SEBI) issued a scathing interim order against Gensol Engineering Limited (GEL), alleging serious governance failures: diversion of company funds for personal gain, falsification of documents, misleading disclosures, manipulation of share prices, and a systemic breakdown of internal controls. These findings stem from an investigation […]
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