Business
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LIC still holds 10.8 percent in Rajesh Exports
Moneycontrol··4 Jun
Moneycontrol reported that LIC holds a 10.80 percent stake in Rajesh Exports, unchanged since at least September 2023, even after SEBI passed an interim order alleging financial misrepresentation and fund-routing irregularities. Foreign institutional investor ownership has fallen from 17.60 percent in March 2023 to 14.26 percent by March 2026. As the stock weakened sharply recently.
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