Hyderabad: I-T raids on Asian Cinemas

  • | Wednesday | 23rd October, 2019

A+ A-Hyderabad: The sleuths of Income Tax department carried out searches of the premises of Asian Cinema & Multiplexes Private Limited and Skill Promoters Infra Private Limited on Tuesday. The promoter of Asian Cinemas & Multiplexes, Sunil Narang, owns a chain of theatres in the twin cities. The unlisted private company was incorporated in 2008. Asian Cinemas is headed by four directors – Narayandas Kishandas, Narang Bharat and two others. Incorporated in 2014, the company is classified as a private limited and has four directors – Boppana Sarat Gopal, Boppana Tara Chand and others.

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