How to see another gensol? Zerodha's step-by-step guide on red flags in corporate governance | Einsmark news

Sebi’s latest oppression against Gensol Engineering has created a debate on red flags in corporate governance. Discount brokers Zerodha’s Varsity, in its latest position, analyzed ways in which retail investors could see the red flags in corporate governance and possibly a ‘gensol’ to avoid unnecessary losses in shares. The Securities and Exchange Board of India (Sebi) in its oppression against Gensol Engineering, the promoter brothers Anmol Singh Jaggi and Puneet Singh Jaggi prevented directorships in listed companies, stopped the company’s planned share distribution and called a forensic auditor to further investigate. Varsity of Zerodha said: “Sebi’s unbundling of Gensol and its promoters of the Securities market have again produced the booking on corporate governance.” According to Zerodha, “look at a listed firm, look at the” Independent Auditor Report “in its annual report. The first section of the Auditor Report is titled” Opinion “or” Unqualified opinion. “It is a red flag if he has something else titled.” The order of Sebi, which came after it was investigated a complaint received in June 2024, pointed out serious management, fund deduction and submission of forged documents. and Corporate Management.