Sebi orders forensic audit of SunEdison Infrastructure
As per the Sebi order, the valuation of various segments and subsidiaries of SunEdison Infrastructure do not appear to be fair and transparent
PTI | February 16, 2021 | Updated 00:10 IST
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Sebi on Monday ordered a forensic audit of the books of SunEdison Infrastructure Ltd (SIL) to ascertain whether there have been any manipulations and said the clouds surrounding the acts and intentions of the company and its connected entities need to be urgently removed.
The watchdog has asked BSE to appoint a forensic auditor to examine the books of accounts of the company for the period from April 1, 2019 to December 31, 2020, as per a Sebi order.