Not just investors, Gensol promoters took independent directors too for a ride
Published on: April 18, 2025, midnight | Source: Livemint
Gensol's board has dwindled to 2 members after multiple resignations and regulatory action against its promoters. Promises to manage debt and audit related party transactions remain unfulfilled, raising concerns about the firm's over-leverage and failed business ventures in electric vehicle leasing.
