Chaitanya Educational Institutions to Ramky Group in EB list

The YSRCP in Andhra Pradesh encashed bonds worth ₹337 crore, the TDP cashed in bonds worth ₹218.8 crore, and the Jana Sena got ₹21 crore.

BySouth First Desk

Published Mar 17, 2024 | 2:35 AMUpdatedMar 17, 2024 | 2:35 AM

Sri Chaitanya Educational Institutions (Skoodos), Alla Ayodhya Rami Reddy (Supplied).

In Andhra Pradesh, ruling YSRCP encashed bonds worth ₹337 crore, TDP, worth ₹218.8 crore, and Jana Sena got ₹21 crore. Three industries, Navayuga, Shirdi Sai Electricals, and Grenco and Chennai Green Woods of Ramky Group — led by YSRCP MP Ayodhya Rami Reddy — bought bonds heavily. Firms associated with Sri Chaitanya Educational Institutions, once targeted by YSRCP, purchased ₹18 crore bonds.

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