Highlights

  • Deloitte to resign as Adani Ports auditor: reports
  • Formal announcement expected in coming days: reports
  • Deloitte reportedly asked Adani Ports to conduct independent inquiry on transactions flagged by Hindenburg

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Deloitte to resign as Adani Ports auditor due to 'difference of opinion' in some transactions : reports

Deloitte is reportedly looking to resign as the auditor of Adani Ports, following concerns raised over transactions between Adani Ports and three entities.

Deloitte to resign as Adani Ports auditor due to 'difference of opinion' in some transactions : reports

Deloitte has decided to resign as the statutory auditor of Adani Ports and Special Economic Zone Ltd, according to media reports quoting sources familiar with the development.

The resignation comes just days after the Supreme Court asked SEBI to submit its investigation report on Adani Group’s market transactions involving 13 suspicious foreign portfolio investors by 14 August.

A formal announcement of Deloitte's resignation is expected soon, the report said.

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