SEBI bars Rajesh Exports, CEO over alleged Rs 15.15 lakh cr revenue misstatement

Bengaluru-based gold retailer-refiner Rajesh Exports — a 2022 awardee under the Rs 18,100 cr PLI battery scheme for 50 GWh capacity — has been barred from securities markets alongside its promoter-CEO. SEBI alleges revenue misrepresentation of Rs 15.15 lakh cr; shares hit the 5% lower circuit at Rs 103.92.

Bengaluru-based gold retailer-refiner Rajesh Exports — a 2022 awardee under the Rs 18,100 cr PLI battery scheme for 50 GWh capacity — has been barred from secur

Business Today · Latest · 6/4/2026, 10:58:25 AM · Ask about this →

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