<ul><li>SEBI has barred Gensol Engineering, its CEO Anmol Singh Jaggi, and Promoter-Director Puneet Singh Jaggi from securities markets over fund diversion charge.</li><li>Both company officials are also restrained from holding any key managerial positions.</li><li>SEBI has directed Gensol to hold the stock split and appointed a forensic auditor to examine its books of accounts.</li><li>Funds were diverted to buy luxury property and pay for personal expenses of the promoters.</li></ul>

SEBI Bars Gensol Promoters From Securities Market For Diverting Funds, To Buy Luxury Apartment

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