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Auditor20 May 2026, 06:01 pm

Elitecon Intl: SEBI Appoints Forensic Auditor for FY23-26

AI Summary

SEBI has appointed M/s BDO India Services Private Limited as the forensic auditor for Elitecon International Ltd. The audit will cover the financial years 2022-23, 2023-24, 2024-25, and 2025-26. This action follows an interim order dated March 30, 2026, and a communication from SEBI dated May 12, 2026, related to an ongoing investigation. The forensic audit aims to assist the Investigating Authority appointed by SEBI.

Key Highlights

  • SEBI appoints BDO India as forensic auditor for Elitecon International.
  • Audit covers FY23, FY24, FY25 and FY26.
  • Appointment follows SEBI's interim order and communication.
  • Audit to assist SEBI's Investigating Authority in an ongoing matter.