!Gensol Engineering dues at Rs 307 crore, exploring all action, options, says

PFC

is pursuing action to recover ₹307 crore from Gensol Engineering, which faces scrutiny from SEBI for fund diversions. sanctioned ₹633 crore in 2023 for EVs, disbursing ₹352 crore. Despite Gensol's initial regular payments, PFC invoked the Debt Service Reserve Account. PFC has also filed a complaint with the Economic Offences Wing regarding falsified documents.