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SEBI Confirms Interim Restrictions on Rajesh Exports and Promoter

SEBI confirmed interim restrictions on Rajesh Exports and promoter Rajesh Mehta over alleged financial misrepresentation and routing company funds through personal bank accounts.

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MUMBAI — Sebi has confirmed interim restrictions on Rajesh Exports and its promoter, Rajesh Mehta, over alleged financial misrepresentation involving consolidated revenue and the routing of company funds through personal bank accounts, Our Bureau reports. The regulator said the company and Mehta had failed to…