Rajesh Exports stock hits fresh lower circuit as ED alleges FEMA violations, record-keeping lapses

Rajesh Exports shares fell a further 5 per cent to a fresh lower circuit of ₹97.02 on the NSE on Thursday, extending losses after the Enforcement Directorate (ED) accused the company of significant departures from normal commercial practices and alleged violations of provisions of the Foreign Exchange Management Act (FEMA).

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