Rajesh Exports Limited on Friday said the Enforcement Directorate searched its premises, which concluded on June 25, 2026, with no discrepancies found in inventory or cash.
In a regulatory filing to stock exchanges, the company said its officials fully cooperated with the authorities and provided all information sought during the search. “There were no seizures of any valuable items,” the company said.
Rajesh Exports informed both the BSE and National Stock Exchange of India that the search did not uncover any irregularities, adding that operations continued as usual.
Earlier this month, SEBI passed an interim ex parte order against Rajesh Exports Limited (REL) and its Chairman and Managing Director, Rajesh Mehta, alleging large-scale financial misrepresentation, fund-routing irregularities, and failures in corporate governance during an ongoing investigation.
In its 109-page interim order, SEBI Whole Time Member Kamlesh Chandra Varshney said the regulator had prima facie found evidence of a multi-year pattern involving non-genuine transactions, improper accounting practices, diversion of company funds through promoter-linked entities, and inadequate disclosures to investors.
