Won't challenge SEBI order: Rajesh Exports on ₹15 lakh cr fraud

Ishita Ranganath, Published on Jun 10th, 2026

Won't challenge SEBI order: Rajesh Exports on ₹15 lakh cr fraud

Rajesh Exports, which is under SEBI's scrutiny over an alleged ₹15.15 lakh crore revenue inflation, stated that it'll fully cooperate with the SEBI-ordered forensic audit and won't challenge its order. Rajesh Exports Founder Rajesh Mehta denied allegations, saying SEBI "hasn't found anything" and added, "There's no fine, no penalty, no coercive action in this order. Why should we challenge it?"

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