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ITNewspapersThe Economic Times

Who are the Jaggi brothers—and how did Gensol, BluSmart get here?

Mathew C S
By Mathew C SApril 19, 2025

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.

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