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.
What happened
Rajesh Exports chairman Rajesh Mehta rejected SEBI's interim order, claiming the regulator misread Swiss subsidiary Valcambi's EBITDA as standalone revenue. He
Why this matters
Any near-term M&A, financing, or partnership conversation involving Rajesh Exports or Valcambi will be gated by SEBI resolution, so sequence diligence around the regulatory file rather than the operating story.