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Our job to find & punish them: SEBI on BluSmart partner Gensol's fraud
short by Pragya Swastik / on Thursday, 17 April, 2025
Reacting to SEBI uncovering financial irregularities at BluSmart partner Gensol Engineering, SEBI Chief Tuhin Kanta Pandey said, "There will be companies like Gensol in the system; SEBI's job is to find and punish them." SEBI barred Gensol and BluSmart promoters, brothers Anmol and Puneet Singh Jaggi, from the securities market. The brothers diverted company funds for personal use, SEBI said.