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Rajesh Exports shares hit 5% lower circuit for 2nd day; firm cites 'communication gap' after Sebi order
Shares of Rajesh Exports plunged another 5% to hit the lower circuit for a second straight session on Friday after market regulator Sebi issued an interim order against the precious metals exporter ...
Get all latest & breaking news on Rajesh Exports Limited. Watch videos, top stories and articles on Rajesh Exports Limited at moneycontrol.com.
Rajesh Exports shares faced heavy selling pressure, hitting a 5% lower circuit for five sessions after serious SEBI allegations. The stock has declined 22.6% in a week and 58% in a year, amid fears of ...
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Exclusive: Former SEBI chief to Rajesh Exports, 'Come clean, don't hide behind falsehood'
Rajesh Exports Ltd. (REL) has been booked by market regulator Securities and Exchange Board of India (SEBI) for financial misrepresentation worth approximately Rs 15.15 lakh crore. SEBI has pulled up ...
Rajesh Exports’ blatant financial misrepresentation of revenues and the lack of auditor qualifications prove that fraud can be spotted years in advance, but can’t be stopped without enforcement teeth.
For years, Rajesh Exports was one of India's biggest success stories. The Bengaluru-headquartered company built a reputation as a global gold giant. It refined precious metals, exported jewellery ...
The ED raids nine Rajesh Exports premises, uncovering a $20M money laundering trail and a 40% gold inventory gap. SEBI probe into revenue inflation ongoing.
The clarification issued by the company did little to assuage investor concerns, with only sell orders placed on BSE and NSE for the second day in a row. This is the second straight session of lower ...
MUMBAI, June 3 (Reuters) - The India markets regulator in an order on Wednesday alleged that jewellery maker Rajesh Exports (REXP.NS), opens new tab inflated its revenue scale over years, largely via ...
According to the ED, investigators uncovered a range of alleged irregularities, including suspected share price manipulation, missing records related to foreign transactions and unusual remuneration ...
Shares of Rajesh Exports Ltd will be in focus on Wednesday after the Enforcement Directorate (ED) reportedly conducted searches at the company, which is also facing scrutiny from market regulator Sebi ...
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