Rajesh Exports rebuts SEBI: regulator mistook Valcambi's EBITDA for revenue in ₹15.15 tn inflation claim

Chairman Rajesh Mehta says SEBI's interim order misread Swiss refiner Valcambi's EBITDA as revenue, inflating the alleged figure to ₹15.15 trillion. Defends ₹338.90 cr promoter transfers and ₹11,400 cr Affluence flows as documented commercial activity; flags 9 unresolved queries.

— Filed Wed, 10 Jun, 2026, 21:44 IST · Source Business Standard · Companies · Updated

Rajesh Exports chairman Rajesh Mehta defends company against SEBI's interim order alleging ₹15.15 trillion revenue inflation, claiming regulator mistook Swiss subsidiary Valcambi's EBITDA for revenue. Says 9 queries remain unresolved; promoter fund transfers and related-party flags called commercial, fully documented.

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