A day after conducting searches at multiple company locations in Bengaluru and Mumbai, the agency said the absence of supporting records had hampered its ability to verify the authenticity of several cross-border transactions.
Rajesh Exports shares plunged 5% to hit the lower circuit after the Enforcement Directorate (ED) flagged alleged FEMA violations. Following searches at company locations in Bengaluru and Mumbai, the ED stated that a lack of supporting records hindered verification of several…
Market Samachar is a news aggregator. This article was originally published by NDTV Profit - Latest. Tap the button above to read the full story on their site.