An interim order has been issued by the Securities and Exchange Board of India (SEBI) concerning Rajesh Exports Ltd. (REL) and its chairman.
Valcambi is not involved in the SEBI proceedings and is not the subject of any investigation, review, or request by the Indian authorities. Valcambi operates independently under Swiss regulation and in accordance with applicable regulatory requirements, including LBMA responsible sourcing standards and other internationally recognised compliance frameworks.
Valcambi is subject to regular external audits, including independent assurance engagements conducted by accredited assurance providers, as well as audits and supervisory reviews carried out by the relevant Swiss authorities.
Based on the information currently available, Valcambi does not expect any impact on its operations, governance and compliance framework.
