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Rajesh Exports likely to lose PLI beneficiary status, face MCA probe
Rajesh Exports faces potential removal from a government battery production incentive scheme. The corporate affairs ministry is considering a probe into the company's financial reporting. This follows a Securities and Exchange Board of India order flagging significant overstatement of revenues. The company's chairman stated no official communication has been received yet. The situation is developing rapidly.
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economictimes.indiatimes.com
Rajesh Exports: Sebi finds 97-99% revenue inflation, bars promoter from trading
Rajesh Exports and promoter Rajesh Mehta face regulatory action after Sebi alleged large-scale financial misrepresentation and possible revenue inflation of 97-99%. The regulator…
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Rajesh Exports shares hit 5% lower circuit after Sebi says 97-99% revenue inflation. Check key details
Sebi has issued an interim order against Rajesh Exports and promoter Rajesh Mehta, alleging extensive financial irregularities and possible revenue overstatement. The regulator…
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thehindubusinessline.com
Rajesh Exports shares crash as SEBI probes ₹15.15 lakh cr revenue gap
Rajesh Exports shares plummet 5% after SEBI bars promoter over alleged financial misrepresentation and fund diversion issues.
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Who is Rajesh Mehta, man behind Rajesh Exports, facing SEBI ban over alleged Rs 15.15 lakh crore 'fraud' impacting LIC, others?
Market regulator SEBI has taken action against Rajesh Exports and its Chairman Rajesh Mehta. The company faces allegations of significant financial misstatements and fund…
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Rajesh Exports likely to lose PLI beneficiary status, face MCA probe
Rajesh Exports faces potential removal from a government battery production incentive scheme. The corporate affairs ministry is considering a probe into the company's financial…
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The curious case of Rajesh Exports: Massive revenues, meagre profits
India's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregularities and siphoning of funds. The…
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Rajesh Exports shares hit 5% lower circuit for 2nd day; firm cites 'communication gap' after Sebi order
Rajesh Exports shares tumbled for a second consecutive session on Friday, taking the two-day decline to about 10%, after Sebi's interim order alleged large-scale financial…
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Rajesh Exports likely to be dropped from PLI scheme, final decision in days: Sources
Rajesh Exports may be removed from the PLI scheme amid allegations of financial fraud, with a decision expected soon.
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Rajesh Exports order puts auditors, audit committee under the scanner
Rajesh Exports faces scrutiny as auditors and board fail to verify overseas revenues amid a massive misrepresentation allegation.