SEBI Likely To Probe Whistleblower Allegations Against Infosys
The Infosys Ltd. logo is displayed on security tape at the company’s campus in Electronics City in Bangalore, India. (Photographer: Vivek Prakash/Bloomberg)  

SEBI Likely To Probe Whistleblower Allegations Against Infosys

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The Securities and Exchange Board of India is likely to call for a forensic audit of the books of Infosys Ltd. as it continues to probe whistleblower allegations of alleged financial irregularities at the company, according to sources.

Following the whistleblower complaints that emerged last year, the regulator had initiated a probe into the matter.

The sources said SEBI is likely to call for a forensic audit of Infosys' books to have a thorough understanding about the allegations.

In November, SEBI Chairman Ajay Tyagi said a probe was on into the Infosys matter.

At that time, he had also said one needs to ask either Nandan Nilekani or God on the information technology company’s chairman's assertion about even God can't change the company's numbers.

Also read: Infosys Audit Finds No Merit In Whistleblower Allegations Against CEO Salil Parekh

The National Financial Reporting Authority, which comes under the corporate affairs ministry, is also looking into the allegations.

In October, Infosys informed stock exchanges about the anonymous whistleblower complaints alleging certain unethical practices.

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