05-June-2026
Corporate News
 
Rajesh Exports refutes SEBI’s claims of inflated financials
05-Jun-2026

Rajesh Exports, which came under scrutiny after the Indian markets regulator alleged inflated financial disclosures, has refuted the claims. The revenues declared are correct and there is no over-statement of the same, the company said in an exchange filing on Thursday. “There seems to be some type of communication gap and confusion between SEBI (Securities and Exchange Board of India) and the company,” it added. The matter pertains to Sebi’s ex-parte interim order issued on Wednesday to further investigate the Bengaluru-based company and its Chairman Rajesh Mehta for allegedly misrepresenting Rs 15 lakh crore of revenues over 5 years till FY25.

News Source:- https://www.financialexpress.com/business/news/rajesh-exports-refutes-sebis-claims-of-inflated-financials/4259194/