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MBA Investmentwala

11th Jun · SEBI-Registered Analyst

Rajesh Exports to Cooperate with SEBI Probe

🔹 Rajesh Exports Ltd (REL) has announced that it will not challenge SEBI's interim order and will fully cooperate with the fresh forensic audit directed by the market regulator. 🔹 The company is under SEBI's scrutiny over allegations of suspected revenue inflation amounting to ₹15.15 lakh crore during FY 2020-21 to FY 2024-25. 🔹 REL stated that it remains committed to transparency and will assist investigators throughout the audit process. 🔹 Company Chairman Rajesh Mehta denied allegations that the firm had obstructed the audit and emphasised that the company has been cooperative with authorities at every stage. $RAJESHEXPO

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