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SEBI bars Rajesh Exports MD over alleged ₹15.15 lakh cr revenue misstatement; stock hits lower circuit
SEBI passed an interim order barring Rajesh Exports MD Rajesh Mehta from securities dealings, alleging ₹15.15 lakh crore revenue misrepresentation and fund-routing through subsidiary Valcambi. Mehta denied findings; shares hit 5% lower circuit at ₹103.92.
Reported figures
From the report. Source details below
- 97-99% revenue from overseas subs
Other figures
- FY2020-21 to FY2024-25
The source
Published
First seen