 "big bazaar")
The Securities and Exchange Board of India (Sebi) has ordered a forensic audit of the financial statements of beleaguered Future Retail.
“Sebi has reasonable grounds to believe that the disclosure of financial information and the business transactions in the matter of Future Retail, have been dealt with in a manner which may be detrimental to the interest of investors or the securities markets and/or an intermediary or a person associated with the securities market may have violated the provisions of Sebi Act…” the regulator said in a letter to the company.
Group firm Future Consumer and Future Enterprises on Thursday disclosed to
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