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Mehta contests Sebi order on Rs 15L cr inflated revenue
BENGALURU/MUMBAI: A day after markets regulator Sebi banned Rajesh Mehta, the chief of Bengaluru-based gold refiner Rajesh Exports, for inflating the company's revenues over several years to induce investors to invest in the stock, the company said there was communication gap with Sebi that led to the regulatory decision. Mehta also stood by the company's consolidated revenue figure of Rs 7.8 lakh crore for FY26, Rs 4.2 lakh crore for FY25 and of the earlier years.
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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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thehindubusinessline.com
SEBI bars Rajesh Mehta from trading in Rajesh Exports shares
SEBI restricts Rajesh Mehta from trading in Rajesh Exports shares due to serious financial misrepresentation and ongoing investigations.
