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₹344 crore wiped off in 4 days due to Rajesh Exports' alleged scam
short by Ashley Paul / on Monday, 8 June, 2026
Rajesh Exports' shares hit the lower circuit on Monday, continuing to dip after SEBI alleged that the world's largest gold processor inflated revenue by ₹15.15 lakh crore. The shares have fallen nearly 11% since June 3, when SEBI released its report on the allegations, wiping off ₹344-crore investor wealth. The company's valuation now stands at ₹2,790 crore.
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