Rajesh Exports Clarifies SEBI Interim Order on Revenue Reporting
Rajesh Exports Limited has issued a clarification regarding an interim order from SEBI dated June 3, 2026. The company states that the order is not conclusive and involves no fines or penalties. Rajesh Exports asserts that its reported financials are correct and attributes the SEBI observation of a revenue discrepancy (around 97%) to a confusion between EBIDTA of Valcambi and the company's actual revenue. The company believes this is a communication gap and is actively working with SEBI to provide necessary documentation and clarify the matter, expressing confidence in resolving the issue. SEBI's observation is noted as suspicion regarding revenues, specifically linked to Valcambi's figures, and not adverse findings on earnings.
Key Highlights
- SEBI's order is interim, with no adverse findings, fines, or penalties.
- Company asserts its reported financials and revenues are correct.
- Revenue discrepancy attributed to SEBI confusing Valcambi's EBIDTA with company revenue.
- Rajesh Exports is actively clarifying the matter with SEBI.
- No adverse observations made by SEBI regarding company earnings.
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