Key Event Details

  • The Audit Committee of Alkem Laboratories Limited approved the initiation of a forensic audit at its meeting held on October 21, 2026.
  • The forensic audit relates to a recent incident involving alleged misappropriation of funds by a former employee of the Company.

Purpose and Scope of Forensic Audit

The forensic audit aims to:

  • Perform preliminary ESI (electronically stored information) review and market intelligence over procurement done by a former employee
  • Independently investigate suspected irregularities in certain transactions affecting the Company
  • Examine facts and circumstances relating to the incident
  • Determine the root cause of the irregularities
  • Recommend appropriate corrective measures

Forensic Audit Provider

  • Grant Thornton Bharat LLP has been engaged to conduct the forensic audit