Gensol Engineering under ED scanner over alleged links to Mahadev betting app scandal

Apr 22, 2025 - 10:55
Gensol Engineering under ED scanner over alleged links to Mahadev betting app scandal

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The Enforcement Directorate is set to interrogate Gensol Engineering's promoters, Anmol and Puneet Singh Jaggi, amidst a probe into the Mahadev Book app's illegal betting and money laundering activities. The ED has already frozen over 500,000 shares of the company, suspecting stock price manipulation using illicit funds routed through foreign portfolio investors.

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