Boat IPO papers show audit flags Draft red herring prospectus mentions financial mismatches, compliance issues in group entities

Blitz Bureau NEW DELHI: Consumer electronics maker Boat’s auditors have flagged mismatch in financial information submitted to lenders, compliance issues and operational lapses across subsidiaries, its updated draft red herring prospectus (DRHP) shows. According to a report in MoneyControl.com, the remarks in the document, filed over a month ago, have come to light as the…