Why only one among Big Four are on Sebi’s panel of forensic auditors

Sebi has significantly reduced its panel of forensic auditors for listed companies from 20 in 2022 to 9 in 2025, prioritizing firms with frequent past engagements and a strong track record of timely audit completion; major firms like EY, KPMG, and Grant Thornton have been excluded, with Deloitte being the only Big Four firm retained.