Stock Market Today, April 16 -- Gensol Engineering share price hit lower circuit morning trades on Wednesday as market regulator SEBI (Securities and exchange board of India) Bars promoters from Securities markets.

In a case involving fund diversion and governance violations, capital markets regulator SEBI on Tuesday announced prohibiting Gensol Engineering and its promoters, Anmol Singh Jaggi and Puneet Singh Jaggi, from trading on the securities markets until further orders.

Additionally, until additional directives are issued, the regulator has prohibited Anmol and Puneet Singh Jaggi from serving as directors or other important management positions at Gensol.

Gensol Engineering also has remained in news as the company had recently a...