Rajesh Exports to resubmit 400GB to SEBI after regulator couldn't locate files
Jewellery exporter says SEBI's ₹15.15 lakh crore revenue-inflation allegation stems from misclassifying EBITDA as revenue in its low-margin gold bullion business. Company will resubmit 300-400 GB of documents within 15 days following June 3 interim order.
Jewellery exporter Rajesh Exports says it will resubmit 300-400 GB of documents to SEBI within 15 days, claiming the regulator's ₹15.15 lakh crore revenue-inflation allegation stems from misclassifying EBITDA as revenue in its low-margin gold bullion business.