Rajesh Exports' troubles deepen with ED searches amid Rs 15 lakh crore revenue row

Enforcement Directorate officials conducted searches at Rajesh Exports' Bengaluru and Mumbai locations. This action follows scrutiny by market regulator Sebi over alleged financial irregularities, including inflated revenues attributed to overseas subsidiaries. Sebi has also restricted the company's CMD from trading its securities pending further investigation. The company has denied any wrongdoing, citing a potential communication gap.

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