NFRA begins probe into Rajesh Exports over alleged financial misstatements

The National Financial Reporting Authority (NFRA) has initiated its investigation into gold refined by Rajesh Exports for alleged financial misstatement and revenue appreciation, Nitin Gupta, the NFRA chairman, said on Tuesday on the sidelines of FICCI's National Conference on Agile governance.

The probe follows an interim order issued by the market regulator, the Securities and Exchange Board of India (SEBI), against the Bangalore-based Rajesh Exports for discrepancies in its financial statements amounting to Rs.15.15 lakh crore.

www.thehindubusinessline.com, dt. 08-07-2026