LIC warned on Rajesh Exports’ accounting lapses years before SEBI’s probe
Life Insurance Corp., holding 10.8% of Rajesh Exports, voted against 17 of 23 resolutions from 2021‑2026 and repeatedly flagged inadequate disclosures and misclassification of interest income. These concerns predate SEBI’s June 2026 order on alleged revenue inflation, suggesting earlier governance red flags were ignored.