MUMBAI, June 4 -- The Securities and Exchange Board of India (SEBI) alleged that Rajesh Exports Ltd misrepresented nearly all of its revenue over five financial years, raising serious questions over the accuracy of the jewellery maker's financial statements. In a 109-page interim order issued Wednesday, the regulator said its prima facie findings indicate that Rajesh Exports overstated and misrepresented the group's operational scale and financial performance between fiscal year 2021 (FY21) and FY25. It alleged that about Rs.15.15 lakh crore, or 99.8% of revenue attributed to the company's subsidiaries during the period, was misrepresented. The probe stemmed from a shareholder complaint in March 2024, which flagged potential financial misre...