Infosys row: Two more bodies, SEC and NFRA, to join probe into whistleblower complaints 

On Monday, Infosys informed stock exchanges about anonymous whistleblower complaints alleging certain unethical practices

Published: 24th October 2019 01:13 PM  |   Last Updated: 24th October 2019 01:50 PM   |  A+A-


Infosys (File Photo | Reuters)


NEW DELHI: The government has asked the National Financial Reporting Authority (NFRA) to look into alleged accounting irregularities at Infosys in the wake of whistleblower complaints, a senior official said on Thursday.

NFRA comes under the Ministry of Corporate Affairs. NFRA is an independent regulator for the auditing profession.

ALSO READ: SEBI starts probe into Infosys irregularities

The company has also said that SEC has initiated a probe on the whistleblower complaints that alleged "unethical practices" by top management of the IT major.

"The company has been in touch with the Securities and Exchange Commission (SEC) regarding the anonymous whistleblower complaints (anonymous complaints) and has learnt that the SEC has initiated an investigation into this matter. The company will cooperate with the SEC's investigation," Infosys said in a statement.

Markets regulator SEBI too has requested for additional information from the company concerning the complaints, and Infosys will provide the information as per its request, it added.

ALSO READ: BSE seeks explanation from Infosys on non-disclosure of whistleblower complaint

Shares of Infosys were trading 0.94 per cent lower at Rs 644.65 in morning trade on BSE.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp