Rajesh Exports Drops 5% as SEBI Bars Promoter Over Rs 15.2 Lakh Cr Revenue Fraud
Shares of Rajesh Exports Limited hit a lower circuit of 5% on Thursday, 4 June, after market regulator SEBI banned the company’s promoter and CMD Rajesh Mehta from dealing in its shares. The stock touched a day low of Rs 103.92 on NSE, triggered by an interim order alleging large-scale manipulation of the company’s books….