https://www.taxtmi.com/news?id=73495 Enforcement action under the Foreign Exchange Management Act was reported against Rajesh Exports after market regulator scrutiny over alleged financial irregularities. Searches were conducted at premises linked to the company in Bengaluru and Mumbai. The scrutiny concerns an interim regulatory order alleging inflated consolidated revenues through overseas subsidiaries, particularly Valcambi SA in Switzerland. The regulator also restrained the company's Chairman and Managing Director from dealing in the company's securities until further orders. en-us Tue, 23 Jun 2026 17:31:03 +0530 Tue, 23 Jun 2026 17:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73495 Enforcement action under the Foreign Exchange Management Act was reported against Rajesh Exports after market regulator scrutiny over alleged financial irregularities. Searches were conducted at premises linked to the company in Bengaluru and Mumbai. The scrutiny concerns an interim regulatory order alleging inflated consolidated revenues through overseas subsidiaries, particularly Valcambi SA in Switzerland. The regulator also restrained the company's Chairman and Managing Director from dealing in the company's securities until further orders. News - Tue, 23 Jun 2026 17:31:03 +0530 https://www.taxtmi.com/news?id=73495