I-T raids SKM Group of Companies in Erode

Erode: Officials from the income tax department on Wednesday searched at 15 places belonging to SKM Group of Companies across the district. A 12-member team each from Coimbatore, Madurai and Erode conducted the searches. The teams entered SKM’s egg powder producing plant at Solangapalayam, animal feeds and foods producing plant and edible oil manufacturing plant at Nanjai-Uthukuli, siddha and ayurvedic medicines manufacturing units at Saminathapuram. Residences of SKM Group of Companies’ owner S K Mayilanandham and his sons, Chandrasekar and Sivakumar, were also searched. The search started around 7am and continued till 8pm. The officials seized several documents and asset details from Mayilanandham and his sons. tnn