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Rajesh Exports inflated revenue by ₹15L cr: Sebi
The New Indian Express Chennai
|June 04, 2026
THE Securities and Exchange Board of India (Sebi) has barred Rajesh Exports chairman and managing director Rajesh Mehta from the capital market, alleging large-scale financial misrepresentation, disclosure lapses and non-cooperation with an investigation into the company’s financial statements.
Based on its preliminary findings, Sebi alleged Rajesh Exports had misrepresented ₹15.15 lakh crore of revenues attributable to subsidiaries during FY21-25, 99.8% of such revenues. The regulator said the disclosures appeared to have presented an inflated and misleading picture of the
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