ED flags Rajesh Exports: Rs 7.7 lakh cr cumulative revenue, but CFO unpaid since 2020, MD on Rs 17,000/month
Enforcement Directorate has raised red flags over governance at Bengaluru-based gold and jewellery major Rajesh Exports, citing a stark mismatch between Rs 7.7 lakh crore in cumulative revenue and near-zero executive compensation — including a CFO drawing no salary since 2020 and an MD paid just Rs 17,000 per month.
ED has flagged governance anomalies at Bengaluru gold/jewellery firm Rajesh Exports, citing a mismatch between Rs 7.7 lakh crore cumulative revenue and nil CFO salary since 2020 plus a Rs 17,000 monthly MD pay.