Sebi confirms interim curbs on Rajesh Exports, promoter over alleged fund routing

What happened: Sebi confirmed interim curbs on Rajesh Exports and its promoter Mehta over alleged fund routing. The regulator said the company and Mehta failed to adequately rebut its preliminary findings despite being given a chance to respond. Key numbers: Sebi questioned Rajesh Exports' consolidated revenue of ₹15.4 lakh crore for FY21-25, versus ₹3,027.3 crore in standalone revenue reported by Swiss subsidiary Valcambi SA over the same five-year period. Why it matters: Mehta will continue to be barred from dealing in Rajesh Exports shares.

Sebi interim curbs on Rajesh Exports and promoter over alleged fund routing.

Sebi interim curbs on Rajesh Exports and promoter over alleged fund routing. — impact context not separately stored; see What changed.