Rajesh Exports chairman rejects SEBI order, claims regulator confused Valcambi EBITDA with standalone revenue
Chairman Rajesh Mehta pushed back on SEBI's interim order against the gold-jewellery exporter, asserting the regulator misread Swiss subsidiary Valcambi's EBITDA as standalone revenue. Mehta said all documents have been submitted and expects the matter to be resolved.
Rajesh Exports chairman Rajesh Mehta rejected SEBI's interim order, claiming the regulator misread Swiss subsidiary Valcambi's EBITDA as standalone revenue. He said all documents have been submitted and expects resolution of the gold-jewellery exporter's regulatory matter.