Sebi appoints forensic auditor to vet financial statements of Suzlon Energy
Suzlon Energy on Tuesday said market regulator Sebi has appointed forensic auditor to carry out forensic audit of its financial statements.
“The company is in receipt of a letter from the Securities and Exchange Board of India (Sebi) dated March 22, 2021, informing the company that it (Sebi) has appointed the forensic auditor to carry out forensic audit with respect to the financial statements of the company,” it said in a regulatory filing.
Sebi has stated in its letter that this appointment is in the context of disclosures of financial information and business transactions and if there are any violations of the applicable provisions of the SEBI Act or the Securities Contracts (Regulations) Act, 1956, and the Companies Act, 2013 or other applicable laws, it added.
