The Control Directorate (ED) has carried out a search and seizure operation in the engineering facilities Gensol in Ahmedabad and Gurgaon, the company was found in a presentation before the stock exchanges, on Monday.
“The Search and Invulture operation was carried out by the Control Directorate in Ahmedabad, and the company’s Gurgaon facilities. The premises were registered by the Execution Directorate. Some documents, electronic devices and Othmed have delivered delivered delivered”, “the operation was carried out under the provisions of the Management Law of standing out in 1999.
The promoters of Gensol Engineering — Anmol Singh Jaggi and Puneet Singh Jaggi — are currently under the scrutiny of the Sebi market regulator about the accusations of significant deviation for the purchases of electric vehicles. “In the process of taking the appropriate legal measures regarding the search and seizure operation by the compliance address,” added the company is in the process of taking appropriate legal measures.
Posted on April 28, 2025
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