BoAt’s auditor flags financial discrepancies in updated IPO papers
Consumer electronics brand boAt, operated by Imagine Marketing, has come under scrutiny after its statutory auditor B S R & Co LLP flagged multiple financial discrepancies, compliance lapses, and mismatches in the company’s updated Draft Red Herring Prospectus (DRHP). The concerns, raised across FY23, FY24, and FY25, emerge as the company prepares for its second…