Rajesh Exports' shares surged 5% to Rs 80.23 on Monday, breaking a seven-session losing streak that saw the stock plummet nearly 30% to a 52-week low.
SEBI investigates Rajesh Exports for ₹15.15 lakh crore revenue inflation via Swiss subsidiaries; founder and company banned from securities market. Governance failure signals vendor-selection risk for IT managers evaluating Indian partners—reinforces need for enhanced financial audit in vendor vetting.
Rajesh Exports is under investigation for inflating its revenue by ₹15.15 lakh crore
Jun 15, 2026
12:05 pm
What's the storyShares of Rajesh Exports witnessed a recovery on Monday, hitting the upper circuit limit of 5% at ₹80.23.
The surge comes after a week-long slump in the company's stock price, which had plummeted nearly 30% during seven consecutive trading sessions.
Rajesh Exports shares jump 5% after 30% crash in 7 days. How the alleged Rs 15.15 lakh cr fraud saga unfolded
‘Rajesh Exports will not contest Sebi order’
Editorial. Fake glitter
Will cooperate fully with fresh forensic audit, won't challenge Sebi interim order: Rajesh Exports
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