Navayuga Engineering faced an I-T raid, later bought electoral bonds, and sold Krishnapatnam Port to Adani Ports — a rare public sequence that combines agency action, political funding, and a major acquisition.
4 events · 5 actors · 3 graph links · 10 source rows
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Raid / probe
Times of India: ~80 I-T officers searched Navayuga offices/residences in a multi-state operation — an earlier agency beat years before the 2018 raid, bonds, and Krishnapatnam sale.
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official · 2024-03-14 · confidence 94%
filing · 2021-04-01 · confidence 70%
Acquirer corporate presence; deal specifics should be verified via exchange filings.
investigation · 2024-03-15 · confidence 80%
news · 2012-12-15 · confidence 85%
news · 2018-10-26 · confidence 82%
target firm
Navayuga Engineering Company Ltd
agency
Income Tax Department
party
Bond-receiving parties
acquirer
Adani Ports and SEZ Ltd
other
Krishnapatnam Port Co. Ltd
