Rajesh Exports terms SEBI observations a 'confusion', denies revenue inflation
New Delhi, June 5 -- Rajesh Exports Limited (REL) has denied any wrongdoing and maintained that its financial reporting is accurate after the Securities and Exchange Board of India (SEBI) issued an interim ex-parte order against the company and its promoter-chairman Rajesh Mehta.
In a clarification issued following SEBI order and media reports on the matter, the company said the order passed by SEBI on June 3, 2026, is only an interim order and does not contain any conclusive adverse findings against the company.
"The Order passed by SEBI is an Interim Order in which no conclusive adverse findings of any kind have been reported by SEBI. There has been no fine, penalty or any other coercive action by SEBI against the Company," the compan...
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