SEBI bars Rajesh Exports chief; auditors missed Rs 15 lakh crore misreporting across FY21-FY24

India's largest gold jewellery exporter under regulatory scanner after SEBI flagged fictitious trades, opaque netting, and missing supporting documents that auditors PV Ramana Reddy & Co and BSD & Co failed to challenge. Wider probe ordered into FY21-FY24 books.

— FiledFri, 5 Jun, 2026, 04:18 IST·First seen Fri, 5 Jun, 2026, 04:17 IST·Source Moneycontrol · Results

What happened

SEBI found auditors of Rajesh Exports, India's largest gold jewellery exporter, failed to flag fictitious trades and Rs 15 lakh crore in misreporting across

Key facts

  • Rs 15 lakh crore
  • FY21-FY24

Also reported by