Rajesh Exports responds to interim SEBI order, denies revenue overstatement
RAJESHEXPO · price
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Rajesh Exports clarifies to the exchange that it has received an interim order dated 03/06/2026 from SEBI. The company states the order is interim and no adverse conclusion has been reached on any aspect. It denies any overstatement of revenues and calls it a communication gap with SEBI. The company is submitting documents to the regulator and will issue a media clarification. Shares had dropped 5 percent on the news; LIC holds about 11 percent stake.
Uncertainty persists as regulator review continues; near-term stock volatility likely until the matter is resolved.