BSE seeks explanation from Infosys on non-disclosure of whistleblower complaint
October 23, 2019  15:26
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Leading exchange BSE on Wednesday asked Infosys to explain why it did not make a disclosure about a whistleblower complaint which alleged that the company's top executives were following "unethical practices" to shore up profits through irregular accounting ways. 


On Tuesday, Infosys Chairman Nandan Nilekani said the whistleblower complaint dated September 20 had been placed before the audit committee on October 10. There was an undated complaint which has also been placed before the committee. One of its board members had received the complaints on September 30, according to Nilekani's statement submitted to the stock exchanges on Tuesday. Nilekani had said that both the complaints were placed before the company's non-executive board members on October 11, also the day when Infosys announced its second quarter results. -- PTI
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