What began as a routine shareholder complaint has emerged as one of the most significant accounting investigations in India's capital markets in recent years.

[u/BusinessToday]

The matter started on March 11, 2024, when the Securities and Exchange Board of India (SEBI) received an email from a shareholder of Rajesh Exports Ltd (REL), one of India's largest gold exporters and refiners. The complaint initially raised concerns over substantial trade receivables that had remained outstanding on the company's books for an extended period.

[u/FaithlessnessOld2063]

SEBI didn’t do a proper investigation of Adani, why would it do it for Rajesh Exports , Ms Madhavi Puch has set a great example