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Business·4/6/2026Resumen IA
SEBI Restrains Rajesh Exports, Chairman Mehta Over Financial Misstatements
India's market regulator SEBI has issued an interim order against Rajesh Exports Ltd and its Chairman Rajesh Mehta, alleging large-scale financial misstatements, fund diversion, and serious lapses in corporate governance. SEBI noted a pattern of non-genuine transactions and questionable accounting, with revenues allegedly inflated by 97-99%. Mehta is restrained from dealing in REL securities.
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Economic Times3 min de lectura