Gensol promoters treated company funds like their piggybank: SEBI bars Anmol, Puneet Singh Jaggi from market

SEBI has barred Gensol's promoters, Anmol and Puneet Singh Jaggi, from the securities market for treating company funds like their "piggy bank." This action by SEBI underscores its commitment to protecting investor interests and maintaining market integrity. The regulator found that the promoters misused company funds, leading to regulatory action. This decision sends a strong signal about the consequences of corporate misconduct and the importance of adhering to corporate governance standards.