Chettinad Group

The Income-Tax Department on Wednesday conducted raids at multiple locations of Chennai-based Chettinad group in connection with a tax evasion probe, officials said.

The family feud in the Rs. 10,000 crore Chettinad Group that has business interest across various verticals like cements, hospitality, education, came to the fore recently after Mr Ramaswamy was not elected as a Director in the AGM of Chettinad Cement Corporation, the group's flagship company last year.

Chettinad Cement Corporation Ltd has informed BSE that the 500 Equity Shares of Rs. 10/- each which were standing in the name of (Late) Rani Lady Meyyammai Achi (one of the promoters of the Company) have been transmitted in to the name of Rani Meyyammai Achi of Chettinad Trust. Further the Company has informed that, there is no change in the overal...

The Income-Tax Department on Wednesday conducted raids at multiple locations of Chennai-based Chettinad group in connection with a tax evasion probe, officials said.

The family feud in the Rs. 10,000 crore Chettinad Group that has business interest across various verticals like cements, hospitality, education, came to the fore recently after Mr Ramaswamy was not elected as a Director in the AGM of Chettinad Cement Corporation, the group's flagship company last year.

Chettinad Cement Corporation Ltd has informed BSE that the 500 Equity Shares of Rs. 10/- each which were standing in the name of (Late) Rani Lady Meyyammai Achi (one of the promoters of the Company) have been transmitted in to the name of Rani Meyyammai Achi of Chettinad Trust. Further the Company has informed that, there is no change in the overal...