Sebi bars Rajesh Mehta from trading in Rajesh Exports, keeps curbs in place

The Securities and Exchange Board of India (Sebi) has barred Rajesh Mehta, the chairman of Rajesh Exports, from trading in the company's shares and kept existing curbs in place. The regulator has demanded full compliance with a forensic audit following allegations of a ₹15.15-trillion revenue misrepresentation between FY21 and FY25.