Rajesh Exports Clarifies Misreporting on Battery Plant Penalties

Rajesh Exports Ltd has released a clarification on reports about penalties for delays in its battery factory project. The company states that some news reports are inaccurate and misleading. Although it is correct that Rajesh Exports, along with Reliance and Ola Electric, is being penalized for failing to meet targets under the government's Advanced Chemistry Cell Battery PLI scheme, the details of the penalties have been misrepresented. The firm is attempting to correct the misinformation and provide correct reporting.
Source : Business Standard