‘No manufacturing, misused funds’: Sebi slams Gensol for misleading investors over governance lapses
Markets regulator Sebi has found “no manufacturing activity” at Gensol Engineering’s electric vehicle (EV) facility in Pune, with only 2–3 labourers present during a site visit by a National Stock Exchange (NSE) official. The findings are part of Sebi’s interim order dated April 15, issued in response to a complaint from June 2024 alleging share