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Awara1984
Side Hero Username: Awara1984
Post Number: 5754 Registered: 12-2010 Posted From: 125.16.29.3
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 26, 2016 - 01:50 am: |
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Take what the biggest donor to the family, CBN Reddy, who willed over 42% of the global empire held by Advantage India and the Singapore twins to them, says. He claims in his Will that late Dr B Rangarajan - Kartiâs father in law - was his âfriend, philosopher and guideâ to whose family, he felt, âdeeply indebtedâ. As a token of his âloveâ for Rangarajanâs âfamilyâ, Reddy says, he has bequeathed to Rangarajanâs beloved grand daughter and daughter of Srinidhi all his shares in three companies listed by him, namely, Advantage (2,11,430 shares), Kriya FMCG (22,500 shares) and Rochester Technology Solutions P Ltd (5,000 shares). A note on Kriya FMCG (which in turn holds 38,570 shares in Advantage). It was originally owned by Srinidhi and Aditi, who held its entire capital of 22,500 shares. They had transferred it in its entirety to CBN Reddy in 2008. And in 2013 Reddy Wills them back to Aditi! Why did Kartiâs wife and daughter transfer their shares to Reddy and get it bequeathed back? Obviously to distance Advantage from the Chidambarams openly and get it back secretly. Only Karti can answer. |
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Prouddesi
Side Hero Username: Prouddesi
Post Number: 6678 Registered: 09-2014 Posted From: 183.83.234.103
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 26, 2016 - 01:49 am: |
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Awara1984:CBN Reddy
identi peru ila undi  TDP + TRS is RULING ALLIANCE in RANGA REDDY ZILLA PARISHAD ,no permenant friends or foes,so chillax friends |
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Awara1984
Side Hero Username: Awara1984
Post Number: 5753 Registered: 12-2010 Posted From: 125.16.29.3
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 26, 2016 - 01:48 am: |
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The balance three lakh shares (or 60% ownership) of Advantage is held in the names of four benamis - CBN Reddy, known as Kartiâs sidekick (2,11,430 shares), Padma Viswanathan and Ravi Viswanathan (32,600 shares) and Bhaskararaman (17,400 shares), Kartiâs other nominees. The four have executed Wills bequeathing - that is giving - the full 60% ownership of Advantage India to Chidambaramâs grand daughter and Kartiâs daughter, Aditi Nalini Chidambaram. As Advantage India fully owns Advantage Singapore, the bequest to Aditi implicitly includes the global wealth held by the latter. |
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Awara1984
Side Hero Username: Awara1984
Post Number: 5752 Registered: 12-2010 Posted From: 125.16.29.3
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 26, 2016 - 01:46 am: |
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Investors antha tama shares ni karthi chidambaram daughter ki raasicharu wills lo anni wills ki karthi is the executor
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Awara1984
Side Hero Username: Awara1984
Post Number: 5751 Registered: 12-2010 Posted From: 125.16.29.3
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 26, 2016 - 01:45 am: |
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http://www.newindianexpress.com/columns/s_gurumurthy/EXCLUSI VE-Karti-Chidambaram-Holds-Global-Empire-Through-Benamis/201 6/04/26/article3400360.ece |
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