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Clarification4 Jun 2026, 01:11 pm

Rajesh Exports Clarifies SEBI Interim Order, Denies Revenue Overstatement

AI Summary

Rajesh Exports Ltd has issued a clarification regarding an interim order from SEBI dated June 3, 2026. The company asserts that the order is preliminary and no adverse conclusions have been reached. Rajesh Exports strongly denies any overstatement of revenues, stating that declared figures are accurate. The company attributes the situation to a potential communication gap with SEBI and is in the process of submitting all necessary documents to resolve the matter. They express confidence that SEBI will reach a correct conclusion based on the authenticated information. Rajesh Exports also refutes negative media reports and plans to issue a media clarification soon to address speculation.

Key Highlights

  • SEBI interim order received; no adverse conclusion reached.
  • Company denies any overstatement of revenues.
  • Communication gap with SEBI cited as a potential issue.
  • Rajesh Exports is submitting documents to clarify the situation.
  • Company confident SEBI will reach a correct conclusion.