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Will cooperate fully with fresh forensic audit, won't challenge Sebi interim order: Rajesh Exports
Rajesh Exports Ltd will cooperate with a new forensic audit ordered by Sebi. The company faces allegations of inflating revenues by Rs 15.15 lakh crore. Chairman Rajesh Mehta denies impeding the audit, stating all requested documents were submitted. Sebi suspects massive revenue inflation through overseas subsidiaries.
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thehindubusinessline.com
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.
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Rajesh Exports: Sent 400 GB docs to SEBI, regulator couldn't locate files; will resubmit in 15 days
Rajesh Exports to resubmit 400 GB of documents to SEBI after regulator failed to locate them, clarifying revenue classification errors.
