Infosys on Friday said the board's audit committee has completed the independent probe into the anonymous whistleblower allegations and found 'no evidence' of financial impropriety or executive misconduct. Speaking about the findings, Infosys Chairman Nandan Nilekani said CEO Salil Parekh and CFO Nilanjan Roy are strong custodians of the company's proud heritage. 'Salil has played a key role in reinvigorating the organisation and driving momentum and the board is confident that he will continue to execute on the company's new strategic direction successfully,' he added.
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Watch Infosys says audit committee finds no evidence of financial impropriety or executive misconduct With HD Quality.
Infosys on Friday said the board's audit committee has completed the independent probe into the anonymous whistleblower allegations and found 'no evidence' of financial impropriety or executive misconduct. Speaking about the findings, Infosys Chairman Nandan Nilekani said CEO Salil Parekh and CFO Nilanjan Roy are strong custodians of the company's proud heritage. 'Salil has played a key role in reinvigorating the organisation and driving momentum and the board is confident that he will continue to execute on the company's new strategic direction successfully,' he added.
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Watch Infosys says audit committee finds no evidence of financial impropriety or executive misconduct With HD Quality
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Infosys shares nosedived nearly 17 per cent on Tuesday in their worst single-day drop in over six years, wiping out investors' wealth worth nearly Rs. 54,000 crore. Watch the video to find out the details.
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