Rajesh Exports rejects SEBI's Rs 15.15 lakh crore revenue misrepresentation charge
Gold jewellery maker disputes SEBI's interim order, with Chairman Rajesh Mehta attributing the dispute to a 'communication gap' with the regulator. Company says revenues are correctly declared and is submitting supporting documents for review.
What happened
Gold jewellery maker Rajesh Exports rejected SEBI's interim order alleging Rs 15.15 lakh crore revenue misrepresentation, citing a 'communication gap' with the
Key facts
- Rs 15.15 lakh crore
Why this matters
Pause any partnership, supply, or financing exposure to Rajesh Exports pending SEBI resolution, and pressure-test peer gold jewellers' revenue disclosures for similar regulatory tail risk.