Mumbai/IBNS, June 5 -- Shares of Rajesh Exports Ltd. continued their downward slide for a second consecutive session on Friday after the company and its promoter came under the scrutiny of the Securities and Exchange Board of India (SEBI), media reports said.

Stock under pressure

Rajesh Exports shares have come under significant selling pressure following SEBI's interim order against the company and its promoter.

The stock has declined by nearly 15 percent this week, reflecting investor concerns over the regulatory action and its potential implications for the company.

SEBI acts against Rajesh Exports

In its interim order, the regulator also directed the company to extend full cooperation to investigating officers and forensic audito...