Executive Summary
MUMBAI: Markets regulator Sebi on Wednesday banned Rajesh Mehta, CMD of Rajesh Exports from dealing in the shares of the company till further orders. In its interim order, Sebi also directed Rajesh Exports to cooperate with the regulator's investigating officer and forensic auditors to look into the books of the company. Sebi's initial investigations showed that the company had, over several years starting FY21, manipulated its books of accounts, especially its revenues from overseas subsidiaries, to inflate its revenues. However, when asked by Sebi and its forensic auditors, the company didn'
Source Coverage
| Source | Headline | Published At |
|---|---|---|
| Business-Today | Sebi bans Rajesh Exports' CMD for fin irregularities | 2026-06-01 00:00:00+00:00 |
Timeline
- 2026-06-01 00:00:00+00:00: Sebi bans Rajesh Exports' CMD for fin irregularities (via Business-Today)
Key Entities
Companies: Rajesh Exports Organizations: Securities and Exchange Board of India
