SEBI bars Rajesh Exports promoter from securities market, alleges ₹15 lakh crore revenue gap
Market regulator Securities and Exchange Board of India (SEBI) has passed an interim ex-parte order against Rajesh Exports Ltd (REL) and its Chairman and Managing Director Rajesh Mehta, citing prima facie findings of large-scale financial misrepresentation, fund routing irregularities, and non-cooperation during an ongoing investigation covering FY21 to FY25. In a 109-page order passed by…
