Sebi to look afresh into governance-related complaints at Infosys

Tyagi said the regulator is keeping a close tab on the share price movement of Infosys

Watchdog Securities and Exchange Board of India (Sebi) will look afresh into complaints of alleged corporate governance-related lapses at Infosys amid a high profile leadership crisis and public spat between founders and top management of the IT firm.

Top regulatory sources said Sebi has received several representations regarding the ongoing crisis, including about allegations and counter allegations from various sides. Some of these complaints came even before Infosys announced the resignation of its first non-founder CEO Vishal Sikka on August 18.

Earlier also, the regulator had looked into alleged corporate governance lapses following a whistle-blower's letter, presumably on Panaya deal