India's largest gold jewellery exporter under regulatory scanner after SEBI flagged fictitious trades, opaque netting, and missing supporting documents that auditors PV Ramana Reddy & Co and BSD & Co failed to challenge. Wider probe ordered into FY21-FY24 books.

Moneycontrol · Results · 6/4/2026, 10:48:50 PM

India's largest jewellery exporter likely stripped of ACC battery PLI beneficiary status (5 GWh) as MCA launches probe following SEBI interim order citing 97-99% revenue overstatement. Promoter Rajesh Mehta barred from securities dealings.

ET Small Business · 6/4/2026, 7:55:47 PM

Jeweller blames Valcambi reporting confusion after SEBI's interim order alleging FY21-FY25 misstatements, suspicious Rs 11,400 crore Affluence broker trades, and MD Mehta's personal derivative dealings. Stock fell 5% as 97-99% of consolidated revenue ties to overseas subsidiaries.

Indian Express · Business · 6/4/2026, 4:23:07 PM

SEBI's interim order accuses gold-jewellery exporter Rajesh Exports of inflating revenues by Rs 15.15 lakh crore over FY21-25 and bars promoter Mehta from securities dealings pending forensic audit. Mutual funds held just 0.5% since March 2016, but LIC's stake rose from 1.99% to 11.22%, with FPIs at 14.2%.

Indian Express · Business · 6/4/2026, 4:04:35 PM

Zepto's net order value is on track to double to $1 billion in the June quarter from $500 million in late 2025, driven by 1,255 dark stores across 61 cities. The quick commerce player is sharpening profitability with cash burn at Rs 200 per order, ahead of a confidential IPO filing post SEBI's initial nod.

The Hindu BusinessLine · 6/4/2026, 2:27:17 PM

Chairman Rajesh Mehta pushed back on SEBI charges that the jeweller misrepresented ₹15.15 lakh crore ($158.17 bn) in revenue through undisclosed overseas subsidiaries, primarily Swiss refiner Valcambi. Mehta says regulator overlooked consolidated filings; 97-99% of revenue flows from overseas units that refined 3,000 tons of gold over FY21-25.

The Hindu BusinessLine · 6/4/2026, 11:25:10 AM

Bengaluru-based gold retailer-refiner Rajesh Exports — a 2022 awardee under the Rs 18,100 cr PLI battery scheme for 50 GWh capacity — has been barred from securities markets alongside its promoter-CEO. SEBI alleges revenue misrepresentation of Rs 15.15 lakh cr; shares hit the 5% lower circuit at Rs 103.92.

Business Today · Latest · 6/4/2026, 10:58:25 AM

Interim order alleges jewellery maker inflated revenues via overseas subsidiaries including Valcambi SA, and diverted Rs 338.90 crore for personal derivatives trades through Affluence Shares and Stocks. Stock has collapsed 44.63% with shares at Rs 104.65.

Business Today · Latest · 6/4/2026, 10:37:51 AM

A 109-page SEBI interim order accuses Rajesh Mehta of misrepresenting Rs 15.15 lakh crore in revenue across FY21-FY25 — 99.8% of consolidated topline — and diverting funds. REL shares fell 5% and LIC, holding 10.80%, slid 1%. The Bengaluru-based gold major had acquired Swiss refiner Valcambi for $400M in 2015.

ET Small Business · 6/4/2026, 8:40:27 AM

Gold jewellery maker disputes SEBI's interim order, with Chairman Rajesh Mehta attributing the dispute to a 'communication gap' with the regulator. Company says revenues are correctly declared and is submitting supporting documents for review.

NDTV Profit · 6/4/2026, 8:39:22 AM

Rajesh Exports Chairman Rajesh Mehta has publicly contested SEBI's interim order alleging Rs 15.15 lakh crore revenue misrepresentation across FY21-FY25 through overseas subsidiaries and fund diversion. The regulator flagged Rs 12,726 crore shareholder wealth erosion. A detailed rebuttal is promised, with LIC and Canara Bank exposures in focus.

NDTV Profit · 6/4/2026, 7:05:51 AM

Prism, parent of travel-tech hospitality firm Oyo, has cleared Sebi for a ₹6,650-crore public listing valuing the company at $7-8 billion. An Updated DRHP is targeted by early July 2026, with the final launch contingent on market conditions.

Business Standard · Companies · 6/2/2026, 12:30:09 PM

Prism, the holding entity for hospitality unicorn Oyo, has received Sebi approval for a ₹6,650 crore public issue after filing confidential pre-filing papers in late December 2025. The company is targeting a $7-8 billion valuation, marking a key milestone in Oyo's long-delayed listing journey.

Mint · Companies · 6/2/2026, 12:10:46 PM

Indore-based packaged spices company Pushp Brand has filed preliminary IPO papers with SEBI. The issue is structured entirely as an offer-for-sale by promoters and existing shareholders, with no fresh capital component — signaling an exit/liquidity event rather than growth funding.

Moneycontrol · Results · 5/29/2026, 3:18:00 PM

Supreme Court set aside SAT's directive requiring RIL to disgorge ₹447.27 crore over alleged 2007 Reliance Petroleum share trading violations, ruling no fraud occurred under PFUTP regulations. The court ordered refund of ₹250 crore previously deposited in the investor protection fund, closing a 17-year regulatory overhang.

The Hindu BusinessLine · 5/29/2026, 11:02:36 AM

Apex court overturned SEBI's 2007 Reliance Petroleum derivatives manipulation ruling, directing refund of ₹250 crore deposited in Investor Protection Fund. Closes a long-running enforcement chapter for Reliance Industries.

Mint · Companies · 5/29/2026, 6:56:46 AM

Markets regulator SEBI has greenlit five companies to proceed with public offerings, including mattress retailer Duroflex and nutrition brand Hexagon Nutrition. The approvals signal a fresh wave of consumer-facing listings entering the Indian IPO pipeline in the near term.

Moneycontrol · News Web · 5/26/2026, 9:36:39 PM

India's four listed REITs paid out ₹1,646 crore in Q4 FY26, a 19% YoY jump, taking FY26 distributions to ₹6,260 crore and cumulative payouts since listing past ₹23,000 crore. Nexus Select Trust, the only listed retail REIT, benefited from higher tenant sales and contractual rental escalations across its Tier-1 mall portfolio.

Moneycontrol · News Web · 5/26/2026, 9:36:06 PM

Between Feb 10-13 2026, SEBI greenlit draft papers for five companies, including sleep brand Duroflex and Hexagon Nutrition. The approvals open a fresh window for consumer-facing IPO issuance and test public-market appetite for Indian retail names.

Moneycontrol · News Web · 5/26/2026, 9:35:58 PM

OYO parent Prism has launched 30 Studio 6 extended-stay properties across 12 US cities including New York, Dallas, and Las Vegas, following its $525M Motel 6/Studio 6 acquisition from Blackstone. The expansion comes as Ritesh Agarwal scales G6 Hospitality operations ahead of a confidential ₹6,650 crore SEBI IPO filing.

Outlook Business · 5/25/2026, 9:28:39 AM

Quick commerce player Zepto plans an Rs 11,000-crore public float by July 2026 pending SEBI approval. The company operates 1,255 dark stores across 61 cities at ~21 stores per city, prioritising urban density over geographic sprawl. Last raised $450M at a $7B valuation.

ET Hospitality · 5/22/2026, 4:54:49 AM

Quick commerce player Zepto plans to float its Rs 11,000-crore IPO in July after securing Sebi approval, setting up a public-market showdown with listed rivals Zomato and Swiggy.

Times of India · Business · 5/22/2026, 2:06:22 AM

Quick commerce player Zepto plans a Rs 11,000-crore IPO in July, eyeing listing before July 31. Operating 1,255 dark stores across 61 cities at 21 stores per city, Zepto's metro-density bet contrasts Blinkit's wider footprint. Last raised $450M at $7B valuation.

YourStory · Capital · 5/21/2026, 10:44:23 AM

Quick commerce player Zepto plans a ₹11,000-crore public issue in July, pending SEBI approval. The Bengaluru-based firm operates 1,255 dark stores across 61 cities at ~21 stores per city, betting on density to outpace Blinkit and Swiggy Instamart. Last private round: USD 450M at USD 7B valuation.

Business Standard · Companies · 5/21/2026, 10:25:48 AM

Quick commerce player Zepto plans India's largest q-comm IPO at ₹11,000 crore in July, aiming to list before July 31. Operates 1,255 dark stores across 61 cities at ~21 stores/city density, pitching its concentration strategy against Blinkit, Swiggy Instamart and Zomato.

The Hindu BusinessLine · 5/21/2026, 9:52:43 AM

Gautam Adani to pay $6M and Sagar Adani $12M without admitting guilt under proposed SEC settlement covering 2020-2024 allegations. Parallel DOJ criminal case may also be dropped, removing a major overhang on the conglomerate's retail, ports and infrastructure arms and easing access to global capital markets.

The Hindu BusinessLine · 5/15/2026, 2:59:30 PM

Mobile retailer SS Retail wins SEBI nod for a Rs 500 crore IPO (Rs 300 cr fresh + Rs 200 cr OFS), with proceeds earmarked for store fit-outs across FY27-FY28. Alco-bev distributor Aspri Spirits (Rs 140 cr fresh + OFS) and auto-lighting maker Neolite ZKW (Rs 600 cr) also cleared.

NDTV Profit · 5/15/2026, 1:03:45 PM

Atlanta-based Silicon Road Ventures has secured SEBI approval for a Category II AIF with a ₹150 crore target corpus, aimed at early-stage Indian B2B startups building Agentic AI across supply chain, fintech, retail ops and consumer insights. The firm has backed 30+ startups since 2019.

The Hindu BusinessLine · 5/15/2026, 9:33:17 AM

AICPDF, representing 4 lakh FMCG distributors, has petitioned SEBI to pause public listings of quick-commerce players like Zepto, flagging predatory pricing, mounting losses at Swiggy and Eternal, and systemic risks to kirana retailers and retail investors.

CNBC-TV18 · Retail · 5/14/2026, 1:22:53 AM

SEBI is designing a bond distributor framework modelled on the 340,000-strong MF distributor network to deepen retail participation in debt, even as debt funds (₹19.31 tn AUM) lag equity (₹35.8 tn) partly due to slab-rate taxation versus equity's 12.5% LTCG.

Mint · Markets · 5/14/2026, 1:15:24 AM