Clarification regarding eligibility of members of the Institute of Cost Accountants of India to conduct annual audit of Research Analysts

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....yst Administration and Supervisory Body (RAASB) Madam/ Sir, Subject: Clarification regarding eligibility of members of the Institute of Cost Accountants of India to conduct annual audit of Research Analysts 1. SEBI vide Master Circular for Research Analysts dated February 06, 2026 [Circular no. HO/38/12/11(1)2026-MIRSD-POD/I/4360/2026 dated February 6, 2026;] ('Master Circular'), has prov....

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....f the Institute of Cost Accountants of India to conduct annual audit of RAs. 4. Accordingly, the paragraph 31 of Chapter VI of the Master Circular, shall be replaced with the following: "Annual audit report and adverse findings, if any: In terms of regulation 25(3) of the RA Regulations, research analyst or research entity shall conduct annual audit in respect of compliance wi....