June 6, 2026
Headlines

Gold Refining

Rajesh Exports Denies Allegations of Financial Irregularities and Questionable Share Placements

Rajesh Exports Denies Allegations of Financial Irregularities and Questionable Share Placements

Business News Desk03 mins mins

Clarifying Financial Standing Bangalore-based gold refiner Rajesh Exports Ltd. officially rejected allegations of revenue inflation and suspicious share placements involving the Life Insurance Corporation of India (LIC) in a formal filing this week. The company addressed recent media reports and regulatory scrutiny by labeling the claims as speculative, asserting that its financial reporting remains transparent…

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Rajesh Exports Faces Market Volatility Amid Financial Misrepresentation Allegations

Rajesh Exports Faces Market Volatility Amid Financial Misrepresentation Allegations

Business News Desk03 mins mins

Shares of Rajesh Exports, the world’s largest gold refiner, plummeted by an additional 5% in trading sessions this week, extending a sharp decline following explosive allegations of a ₹15.15 lakh crore financial misrepresentation. The company, headquartered in Bengaluru, India, officially rejected the claims as baseless, yet the market remains gripped by panic as investors demand…

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Rajesh Exports Refutes Revenue Inflation Allegations in Response to SEBI Interim Order

Rajesh Exports Refutes Revenue Inflation Allegations in Response to SEBI Interim Order

Business News Desk03 mins mins

Bengaluru-based gold jewellery and refining giant Rajesh Exports issued a formal clarification to the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on Friday, categorically denying allegations of financial misconduct. This response follows a June 3 interim ex-parte order from the Securities and Exchange Board of India (SEBI), which raised significant concerns regarding the…

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Regulatory Scrutiny Intensifies as Rajesh Exports Faces SEBI Allegations

Regulatory Scrutiny Intensifies as Rajesh Exports Faces SEBI Allegations

Business News Desk03 mins mins

Market Turmoil Follows SEBI Probe The Securities and Exchange Board of India (SEBI) has launched a formal investigation into Rajesh Exports, a major player in the global gold refining sector, following allegations of massive revenue inflation totaling approximately ₹15 lakh crore. The market regulator’s interim order, issued this week in Bangalore, has triggered a sharp…

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