ED raid exposes salary discrepancies at Rajesh Exports
after close1 source ↓written by the desknot a recommendation
- salary at just
- ₹17,000 per month
- share manipulation
- ₹600-crore
- manipulation
- 40% stock mismatch
The Enforcement Directorate (ED) raided nine sites linked to Rajesh Exports, uncovering no salary for the CFO over five years and the MD's salary at just ₹17,000 per month. The agency also identified ₹600-crore share manipulation and a 40% stock mismatch. This follows a SEBI order barring the company from trading due to financial discrepancies.
Not investment advice. For informational purposes only.