BEAMSTART Logo

HomeNews

DLF Camellias flat, golf gear, credit bills: Where the Gensol funds went

Business Standard LogoBusiness Standard8h ago

DLF Camellias flat, golf gear, credit bills: Where the Gensol funds went - Business Standard

Quick Summary:

From a peak market capitalisation of ₹4,300 crore, it fell to ₹506 crore by April 2025.

This combined amount was transferred to Go-Auto, the dealership arm, which then moved ₹50 crore to Capbridge Ventures — a promoter-controlled entity.

Sebi’s investigation began after a complaint in June 2024 and followed the downgrade of Gensol’s credit ratings by Icra and Care, owing to loan repayment delays by BluSmart.

More Pictures

DLF Camellias flat, golf gear, credit bills: Where the Gensol funds went - Business Standard (Picture 1)

or

Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-16 @ 11:59:31 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 772 words

Reading Time: 5 minutes read

Sentences: 41 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27943429

View Article Analysis

About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 257 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "DLF Camellias flat, golf gear, credit bills: Where the Gensol funds went" has 772 words across 41 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Which news outlet covered this story?

The story "DLF Camellias flat, golf gear, credit bills: Where the Gensol funds went" was covered 8 hours ago by Business Standard, a news publisher based in India.

How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.

The outlet is headquartered in India and publishes an average of 257 news stories per day.

It's most recent story was published 2 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #27943429
  • URL: https://beamstart.com/news/dlf-camellias-flat-golf-gear-17447857808825

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2025 BEAMSTART. All Rights Reserved.