SEBI Launches Probe into Rajesh Exports Following Massive Revenue Inflation Allegations

SEBI Launches Probe into Rajesh Exports Following Massive Revenue Inflation Allegations

The Securities and Exchange Board of India (SEBI) has issued an interim order barring jewelry manufacturer Rajesh Exports and its promoter, Rajesh Mehta, from participating in securities markets following allegations of a Rs 15 lakh crore revenue inflation scam. The regulator alleges that the company engaged in fraudulent financial reporting between the 2020/21 and 2024/25…

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The Rise and Regulatory Reckoning of Rajesh Mehta: A Corporate Saga

The Rise and Regulatory Reckoning of Rajesh Mehta: A Corporate Saga

The Regulatory Scrutiny Rajesh Mehta, a prominent figure in the Indian jewellery sector and the former face of the Shubh and Laabh brands, is currently navigating a period of intense regulatory scrutiny as the Securities and Exchange Board of India (Sebi) probes his business operations. The investigation, which gained momentum earlier this year, has forced…

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