After passing an interim order in 2017, market regulator Securities Exchange of Board of India (SEBI) has allowed the statutory auditor of Arvind Remedies Ltd (ARL) to walk free with just a warning. The case is related to a forensic audit conducted by Punjab National Bank (PNB) highlighting various irregularities by Arvind Remedies in financial statements showing profits through inflated sales and non-existent purchases and sales.