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Congress drags M&M, Dr. Reddy's & others in new charges against Puri
 
indiatimes.com  Sep 10, 2024      
 
 

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Levelling serious allegations against Buch, Congress said, contrary to her claim that an advisory company owned by her became dormant when she took office, Agora Private Limited continued to provide services & generated revenue of Rs 2.95 crore between 2016-2024.

In "shocking revelations," Congress said that Agora clients include Mahindra and Mahindra Limited, Dr. Reddys, Pidilite, ICICI, Sembcorp, Visu Leasing & Finance.

Any income that Madhabi Buchs Agora Advisory Private Limited'' received from them amounts to conflict of interest and violates Section 5 of SEBIs Code on Conflict of Interest for Members of the Board, said the party.

"Strangely, of the total Rs 2.95 Crores received by Agora Advisory Private Limited, 2.59 Crores has come from one entity alone - the Mahindra & Mahindra Group. It accounts for 88 per cent of the total money that Agora Advisory received."
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