In a bid to expand its refining capacity and increase margins by sourcing cheaper raw material, Rajesh Exports, which bought the world's largest gold refinery for $400 million in July last year, is reportedly planning to buy one of the Middle East’s largest refineries for $150-170 million, located in Dubai.
Rajesh Exports is a zero debt company on a standalone basis. The company with its undivided focus and expertise, the company is currently the single largest constituent of gold business in the world.