SEBI bars Rajesh Exports CMD Rajesh Mehta, alleges Rs 15.15 lakh crore revenue misrepresentation

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Market regulator SEBI on Wednesday passed an interim ex-parte order against Rajesh Exports Limited (REL) and its Chairman and Managing Director Rajesh Mehta, alleging large-scale financial misrepresentation, fund-routing irregularities and failures in corporate governance during an ongoing investigation.

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SEBI bars Rajesh Exports CMD Rajesh Mehta, alleges Rs 15.15 lakh crore revenue misrepresentation

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