Rajesh Exports clarifies status of interim SEBI order amidst ongoing review process
Rajesh Exports Ltd., a manufacturer and exporter of gold and diamond jewellery, has issued clarification regarding an interim order received from SEBI dated June 3, 2026. The company addressed various aspects of the regulatory matter, asserting the accuracy of its financial reporting and rejecting adverse media speculation.The company stated that the order is interim and confirms that no adverse conclusion has been reached by SEBI concerning any aspect of the case thus far. Rajesh Exports maintains that the revenues declared by the company are correct and that there is no instance of overstated revenues.
In addressing the ongoing review, the company noted that there appears to be a communication gap and confusion between the company and SEBI. To move forward, the company is in the process of submitting all required and relevant documents to clarify every aspect of the situation. Rajesh Exports expressed confidence that SEBI will ultimately arrive at the correct conclusion based on these authenticated documents.
The company strongly rejected all adverse media reports concerning the interim order from SEBI. A formal media clarification is scheduled to be issued shortly, which will address and settle the unnecessary speculation currently prevalent in the media regarding the matter.
RAJESHEXPO Stock Price Movement
Shares of Rajesh Exports Limited are tumbling by 4.99%, shedding ₹5.46 and trading at ₹103.92 as of 1:39 PM today. The stock saw a traded volume of 107,022 shares in the live market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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