Who are the Jaggi brothers—and how did Gensol, BluSmart get here?
By
CS Mathew
Markets regulator, the Securities and Exchange Board of India (Sebi), has found that BluSmart promoters Anmol and Puneet Singh Jaggi diverted funds from their listed solar energy company, Gensol Engineering. The duo has also been accused of stock price manipulation and other fraudulent activities, sending shockwaves through India’s startup and clean-tech ecosystems.