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Ask about this →0 mentions · last seen 6/5/2026
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SEBI bars Rajesh Exports promoter, alleges ₹15.15 lakh cr revenue misrepresentation via Swiss arm Valcambi
Interim order against promoter Rajesh Mehta cites 97-99% of FY21-FY25 revenues routed through overseas subsidiary Valcambi, with ₹11,487 cr in disputed sales and ₹7.4 cr in personal transfers. Forensic audit ordered; stock hit 5% lower circuit at ₹103.92, down 80% over three years. LIC holds 10.8%.
Outlook Business · 6/4/2026, 8:55:01 AM