# His son, Kavya Arora, the current MD, and CFO Deepak Sharma earlier stated under the Foreign Exchange Management Act (FEMA) that the Punjab minister handled the mobile-phone export operations.

*business · news · 2026-05-11 · The Indian Express*

## Key points

- HSRL allegedly transferred Rs 27.73 crore to S K Enterprises, a firm controlled by a daily-wage labourer.
- S K Enterprises and Global Traders issued fake invoices and gave accommodation entries for commissions only.
- Over Rs 102.5 crore in mobile exports were shown to UAE firms linked to HSRL's own associates.
- Most domestic suppliers to HSRL were shell firms with cancelled or suspended GST registrations.

**Companies:** HSRL, S K Enterprises, Global Traders
**Countries:** India, United Arab Emirates

[Read the full story on The Indian Express](https://indianexpress.com/article/cities/chandigarh/sanjeev-arora-ed-shell-company-mobile-export-case-10683655/)

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