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Sebi bars Rajesh Mehta from trading in Rajesh Exports, keeps curbs in place
Source: Livemint — Markets · 3 hr ago
Summary
The securities regulator has issued a confirmatory order that bars Rajesh Mehta from trading in Rajesh Exports and maintains existing restrictions. The order requires complete compliance with a forensic audit after allegations of a massive revenue misrepresentation.
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From the original report
In a confirmatory order, the market regulator demands full compliance with a forensic audit following allegations of a ₹15.15-trillion revenue misrepresentation between FY21 and FY25.
Excerpt from Livemint — Markets.
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