The Securities and Exchange Board of India has added 18 firms to its panel for forensic audits involving listed companies, widening the pool of specialists it can draw on for sensitive reviews. The move points to a stronger regulatory focus on scrutiny, disclosures and overall market integrity.
Among the firms named are Ernst & Young LLP, KPMG Assurance and Consulting Services LLP, and Zx Grant Thornton Bharat LLP, according to the available report. By bringing in well-known audit and advisory players, SEBI appears to be reinforcing its ability to examine complex corporate matters when detailed financial or transactional checks are needed.
Forensic audits are typically used in cases where regulators or stakeholders need a closer look at company records, accounting practices or other areas of concern. Expanding the approved panel can help SEBI act more quickly and with greater depth when reviewing listed entities.
The empanelment also aligns with broader efforts to improve transparency and confidence in India's capital markets. For investors, the decision signals a push toward tighter oversight and stronger mechanisms for identifying irregularities in publicly traded companies.
