Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2024
Coal-handling investigation and provisional asset attachment
The Enforcement Directorate provisionally attached more than ₹298 crore in immovable property belonging to South India Corporation Private Limited under the Prevention of Money Laundering Act. The investigation concerned allegations that a coal-handling contract continued for 19 years beyond its original five-month term, allegedly causing approximately ₹908 crore in loss to TANGEDCO. The cited action was provisional.
2015
Income-tax searches and reported unaccounted income
The Income Tax Department conducted extensive searches at properties linked to the group. Reports stated that the action uncovered unaccounted income exceeding ₹300 crore, including cash and jewellery. This entry records the reported enforcement event and allegations, not a final adjudication.
2013
Annamalai University takeover and alleged mismanagement
The Tamil Nadu government took over Annamalai University amid allegations of financial and administrative mismanagement. The supplied material does not provide the final legal or administrative disposition of all allegations.