NFRA probes Rajesh Exports after SEBI flags alleged ₹15.15 lakh crore revenue mismatch
NFRA has launched an investigation into gold refiner and jeweller Rajesh Exports following SEBI's interim order alleging that 99.8% of revenues (₹15.15 lakh crore across FY21-FY25) were misrepresented via subsidiaries, with auditor misconduct flagged. The company denies wrongdoing, citing a communication gap.
NFRA has begun probing gold refiner and jeweller Rajesh Exports after SEBI's interim order alleged misrepresentation of Rs 15.15 lakh crore in revenues (99.8%) attributed to subsidiaries, flagging auditor misconduct. The company denies wrongdoing, citing a communication gap.