Mumbai, June 4 -- Rajesh Exports Ltd informed the BSE here on Thursday that the order passed by the Securities & Exchange Board of India (SEBI) is an interim order and not a final order, after the SEBI alleged that prima facie, the company appears to have overstated its revenues.
Rajesh Exports Ltd Chairman Rajesh Mehta informed the BSE in a statement on Thursday that, "The (SEBI) order is interim and there has been no adverse conclusion on any aspect arrived by SEBI. The revenues declared by the company are correct and there is no overstating of revenues. There seems to be some type of communication gap and confusion between SEBI and the company. The company is in the process of clarifying all aspects to SEBI by submitting all the require...