Infosys whistleblower mail calls into question board processes: Reliance Securities
BENGALURU: Brokerage Reliance Securities said the whistleblower mail alleging accounting irregularities at InfosysNSE -14.53 % was very serious news as it equated to the corporate governance issue at the IT services company.
On Monday, ET reported that a group calling themselves ‘ethical employees’ had filed a whistleblower statement with the company’s board and the US Securities and Exchange Commission.
The brokerage pointed out that the company’s deputy chief financial officer Jayesh Sanghrajka had resigned earlier this month.