Rajesh Exports Clarifies Financial Status and Revenue Source Amid Interim Order
Rajesh Exports Limited has issued a statement addressing various perceptions concerning its financial status and operations following an interim order. The company emphasized its foundational financial strength, operational transparency, and the sources contributing to its consolidated revenue.The company stated that it is debt-free and does not depend on outside finance for any of its operations. Rajesh Exports noted that the only public offering undertaken was the initial public issue (IPO) in 1995, which raised Rs 10 crores from the public. The firm confirmed that no equity placements have been made to domestic institutions.Rajesh Exports maintained...