<ul><li>Gensol Engineering’s fund diversion has been exposed by SEBI, tracing Rs 262 crore from IREDA and PFC loans to personal expenses and circular transactions.</li><li>Luxury purchases, such as a luxury flat, an ultra-expensive golf set, and large fund transfers to family members, were part of Gensol's round-tripping scheme.</li><li>SEBI has barred Gensol Engineering and its promoters from accessing the market as a result of the fund diversion.</li><li>The market regulator exposed the modus operandi used by Gensol Engineering to deceive investors.</li></ul>

Gensol Modus Operandi Explained — How Round-Tripping Fooled Investors

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