SEBI has barred Gensol Engineering, its Founder Anmol Singh Jaggi and Co-founder Puneet Singh Jaggi from securities market over fund diversion charges. SEBI found that Anmol sent around ₹9.18 crore from the company's funds to his mother, Jasminder Kaur, and his wife, Mugdha Kaur Jaggi, apart from other fund diversion methods. SEBI will appoint forensic auditor to examine Gensol's accounts.