Gensol Engineering mein kya chal raha hai?
Aajkal, Gensol Engineering ke baare mein har koi baat kar raha hai. India ke market regulator, SEBI, ne company aur uske promoters, Anmol Singh Jaggi aur Puneet Singh Jaggi, par securities market access karne se rok laga di hai. Stock split bhi postpone kar diya gaya hai, aur forensic audit ke orders bhi aa gaye hain. Yeh sab kyun? Chaliye, dekhte hain…
Paisa kaise ud raha tha?
SEBI ke hisab se, jaggi brothers ne loan ka paisa apni marzi se kharch kiya. Gurugram mein ek DLF Camellias flat (Rs 42 crore se zyada!), Titan se luxury items (Rs 17 lakh!), aur ek gold set (Rs 26 lakh!) bhi khareeda. Aur yeh sab toh bas shuruwat hai! Personal use ke liye ICICI Securities aur credit card payments (almost Rs 10 lakh), foreign currency (Rs 1.86 crore), aur family members ko transfer (Rs 8 crore) bhi shamil hai.
Balance Sheet ka haal
Gensol ka revenue 2017 mein Rs 61 crore tha, jo 2024 mein Rs 1,152 crore ho gaya. Lekin, share price Rs 1,126 se girkar Rs 133 ho gaya. Market capitalisation bhi Rs 4,300 crore se Rs 506 crore reh gayi. Promoter holding 70% se 30% se thoda zyada reh gayi.
SEBI ki investigation kaise shuru hui?
SEBI ne June 2024 mein investigation shuru ki, jab Gensol ke credit rating downgrade hue. Loan repayment mein delays ke baad, rating agencies ko pata chala ki company ne IREDA aur PFC se fake conduct letters submit kiye the.
EV loan ka kya hua?
Gensol ne IREDA aur PFC se Rs 977 crore ka loan liya tha, jismein se Rs 663.89 crore 6,400 EVs khareedne ke liye the. Lekin, sirf 4,707 EVs hi kharide gaye aur promoters se jude ek EV cab operator, BluSmart, ko lease kiye gaye. Rs 262 crore ka hisab nahin mil raha hai.
Paisa ghoom fir kar kahan gaya?
SEBI ke order ke mutabik, Gensol se Go Auto Pvt Ltd ko EV purchase ke liye paisa transfer kiya gaya, lekin woh paisa wapas aa gaya ya Jaggi brothers se judi dusri companies ko divert kar diya gaya. Is paise ka use personal expenses ke liye kiya gaya.
Example 1:
IREDA loan se Rs 93.88 crore Go Auto ko transfer kiye gaye. Ismein se, Rs 50 crore Capbridge Ventures LLP ko gaye aur DLF Camellias mein Rs 42 crore ka flat khareeda gaya.Example 2:
Go Auto ne Rs 40 crore Wellray Solar Industries Pvt Ltd ko bheje, jinhone aage yeh paisa 4 entities ko transfer kiya, including Sharekhan Ltd ko Rs 50 lakh.Aur kya kya gadbad hai?
SEBI ko yeh bhi pata chala ki Wellray ke through Gensol ke shares mein trading ki gayi, jo Companies Act, 2013 ke Section 67 ka violation hai. Wellray ne isse profit bhi kamaya.
January 2025 mein, Gensol ne 30,000 EV pre-orders claim kiye, lekin SEBI ko sirf 29,000 vehicles ke liye non-binding MOUs mile. NSE inspection se pata chala ki Chakan facility mein koi EV manufacturing nahin ho rahi thi.
Aage kya hoga?
Yeh toh abhi investigation shuru hui hai. Dekhte hain aage kya nikalta hai. Stay tuned for more updates!
