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Rajesh Exports shockwave hits LIC stock post Sebi crackdown; analyst weighs
LIC stake in Rajesh Exports: LIC shares traded under pressure today following developments related to Rajesh Exports, in which the insurer holds a 10.8 per cent stake.
LIC to remain range-bound as Rajesh Exports' developments unfold: Analysts
LIC holds 10.8% stake in Rajesh Exports; Market expert Ajit Mishra of Religare Broking expects LIC to consolidate in the near-term, with charts indicating support at ₹385 levels.
Rajesh Mehta NDTV Profit Exclusive: Rajesh Exports Top Boss Says Rs 15.5 Lakh Crore Is A Five Year Figure
Alleged revenue misrepresentation stems from SEBI officials confusing profitability with revenue, Rajesh Mehta said.
Who is Rajesh Mehta, man behind Rajesh Exports, facing SEBI ban over alleged Rs 15.15 lakh crore 'fraud' impacting LIC, others?
Market regulator SEBI has taken action against Rajesh Exports and its Chairman Rajesh Mehta. The company faces allegations of significant financial misstatements and fund diversion. SEBI's order points to a pattern of non-genuine transactions and questionable accounting. This action raises serious concerns about the company's financial reporting and corporate governance practices.
Rajesh Exports Rejects SEBI Allegations, Cites 'Communication Gap' And Confusion With Regulator
The gold jewellery maker confirmed and acknowledged the interim order it received from the SEBI
Who Is Rajesh Mehta? All About Rajesh Exports Promoter Facing SEBI Action
Rajesh Mehta started the company in 1989.
Rajesh Exports Timeline: Inside SEBI's Rs 15-Lakh-Crore Revenue Case
Alongside SEBI's allegations of large-scale financial misrepresentation, lender Canara Bank has initiated debt recovery proceedings.
How a shareholder's complaint led Sebi to Rajesh Exports' ₹15 trn puzzle
A shareholder's complaint about unpaid receivables triggered a two-year investigation that led Sebi to question revenues, disclosures and overseas operations at Rajesh Exports
Rajesh Exports under Sebi lens: ₹770 crore of LIC, retail investors' money at risk in this small-cap stock - Mint
Rajesh Exports under Sebi lens: ₹770 crore of LIC, retail investors' money at risk in this small-cap stockMint
LIC shares slip 1% after Sebi's crackdown on Rajesh Exports. What's the connection?
Regulator Sebi has issued an interim order against Rajesh Exports and its promoter, Rajesh Mehta. The company faces allegations of significant financial irregularities and non-cooperation. Sebi's findings suggest a large portion of reported revenue may have been inflated. This development has led to a decline in Rajesh Exports' shares and impacted LIC's stock.
Rajesh Exports slumps after SEBI bars promoter from accessing securities market
Rajesh Exports was locked in 5% lower circuit after the Securities and Exchange Board of India (SEBI) barred its promoter Rajesh Mehta from accessing the securities market over allegations of financial misappropriation.
Rajesh Exports share price falls 5% to hit lower circuit as Sebi alleges revenue inflation - India Today
Rajesh Exports share price falls 5% to hit lower circuit as Sebi alleges revenue inflationIndia Today