Tag: Rajesh Exports

Rajesh Exports shares fall for second day; hit 5% lower circuit

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Rajesh Exports shares fall for second day; hit 5% lower circuit

Shares of gems and jewellery firm Rajesh Exports Ltd (REL) further dropped 5% to hit the lower circuit limit on Friday (June 5, 2026) amid concerns that the company allegedly inflated its consolidated revenues by more than ₹15 lakh crore over five years by attributing massive revenues to overseas subsidiaries. Extending its previous day’s decline,…

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Rajesh Exports denies SEBI charge of financial misreporting

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Rajesh Exports denies SEBI charge of financial misreporting

Rajesh Exports Ltd, which the Securities and Exchange Board of India (SEBI) charged with misreporting financial information and misleading investors, denied the charges in an exchange filing released Thursday (June 4, 2026.)  “The Company emphatically states that it has done no wrong and all the reporting of the Company with regard to it’s financials has…

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