New Delhi, April 21 -- Gensol Engineering share price fell to a 52-week low during Monday's trading session after reports surfaced that the markets regulator SEBI identified significant governance issues at Gensol Engineering Ltd. The regulators observed "no manufacturing activity" at the company's electric vehicle (EV) facility in Pune, noting that only two to three workers were present when an official from the National Stock Exchange (NSE) visited the location earlier this month.
These findings were included in SEBI's interim order on April 15, issued following a complaint lodged in June 2024 that alleged Gensol's involvement in share price manipulation and the misappropriation of funds by the company and its promoters, according to P...
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