SEBI appoints forensic auditor to review financial statements of luxury housing developer Tarc

India's securities regulator, SEBI, has initiated a forensic audit of luxury housing developer Tarc's financials from FY2020-21 to FY2022-23. SEBI suspects potential manipulation of financial disclosures and transactions that could harm investors. Tarc pledged full cooperation with the audit and affirmed its commitment to transparency and corporate governance, stating the audit won't affect its operations or growth.