Storia in 2 fonti

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

thehindubusinessline.com

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AI · summaries

thehindubusinessline.com3 mesi fa

Rajesh Exports likely to be dropped from PLI scheme, final decision in days: Sources

SEBI alleges Rajesh Exports inflated battery revenues ₹15.15 lakh crore (99.8%) during FY21-25 via fund diversion and opaque transactions. Ministry of Heavy Industries will likely drop the firm from PLI scheme, flagging governance risk for startups reliant on government incentives.

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economictimes.indiatimes.com3 mesi fa

Rajesh Exports: Sebi finds 97-99% revenue inflation, bars promoter from trading

Sebi alleges Rajesh Exports inflated revenues 97-99% and bars promoter Rajesh Mehta from trading. The egregious fraud signals governance and audit risks for tech investors evaluating India-focused companies and M&A targets.

Timeline cronologica

mercoledì 3 giugno 2026·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…
giovedì 4 giugno 2026·economictimes.indiatimes.com
Rajesh Exports shares hit 5% lower circuit after Sebi says 97-99% revenue inflation. Check key details

Rajesh Exports likely to lose PLI beneficiary status, face MCA probe

Confronto fonti

Rajesh Exports likely to be dropped from PLI scheme, final decision in days: Sources

Rajesh Exports: Sebi finds 97-99% revenue inflation, bars promoter from trading

Timeline cronologica

Rajesh Exports: Sebi finds 97-99% revenue inflation, bars promoter from trading

Rajesh Exports shares hit 5% lower circuit after Sebi says 97-99% revenue inflation. Check key details

Rajesh Exports shares crash as SEBI probes ₹15.15 lakh cr revenue gap

Who is Rajesh Mehta, man behind Rajesh Exports, facing SEBI ban over alleged Rs 15.15 lakh crore 'fraud' impacting LIC, others?

Rajesh Exports likely to lose PLI beneficiary status, face MCA probe

The curious case of Rajesh Exports: Massive revenues, meagre profits

Rajesh Exports shares hit 5% lower circuit for 2nd day; firm cites 'communication gap' after Sebi order

Rajesh Exports likely to be dropped from PLI scheme, final decision in days: Sources

Rajesh Exports order puts auditors, audit committee under the scanner