Executive Summary
BENGALURU/MUMBAI: A day after markets regulator Sebi banned Rajesh Mehta, the chief of Bengaluru-based gold refiner Rajesh Exports, for inflating the company's revenues over several years to induce investors to invest in the stock, the company said there was communication gap with Sebi that led to the regulatory decision. Mehta also stood by the company's consolidated revenue figure of Rs 7.8 lakh crore for FY26, Rs 4.2 lakh crore for FY25 and of the earlier years. The Sebi investigation was initiated after a shareholder of the company complained to the regulator, alleging potential financial
Source Coverage
| Source | Headline | Published At |
|---|---|---|
| Business-Today | Mehta contests Sebi order on Rs 15L cr inflated revenue | 2026-06-01 00:00:00+00:00 |
Timeline
- 2026-06-01 00:00:00+00:00: Mehta contests Sebi order on Rs 15L cr inflated revenue (via Business-Today)
Key Entities
People: Mehta Organizations: Securities and Exchange Board of India
