Gensol Engineering shares hit 5% lower circuit after Sebi bars promoters from securities market

Gensol Engineering share price: Gensol Engineering's promoters, Anmol and Puneet Jaggi, face SEBI restrictions for alleged financial mismanagement and fund diversion. The company's shares plummeted after the order, which revealed that funds raised for electric vehicles were misused, including luxury real estate purchases. SEBI highlighted corporate governance failures and cautioned investors due to the stock's volatility and potential risks.