CA’s should be ‘extra careful’ while auditing listed SMEs : SEBI

Ashwani Bhatia, Sebi’s whole-time member, urged chartered accountants to be extra diligent when auditing listed SMEs, emphasizing their growth potential. He highlighted that SME entities had raised Rs 14,000 crore, with Rs 6,000 crore in FY24 alone. Bhatia also noted concerns about ‘price manipulation’ and limited interest in delisting due to high valuations.