ED raids 9 places in Madhya Pradesh linked to company exporting adulterated milk products in India and abroad
The raids took place in Bhopal, Sehore, and Morena in premises reportedly connected to the directors of Jayshri Gayatri Food Products Pvt Ltd.
The Enforcement Directorate (ED) on Wednesday carried out raids at nine locations in Madhya Pradesh linked to a private company involved in producing and distributing adulterated milk products domestically and internationally using fake lab certificates, reported news agency ANI.
The raids took place in Bhopal, Sehore, and Morena in premises reportedly connected to Kishan Modi, Rajendra Prasad Modi, and other directors of Jayshri Gayatri Food Products Pvt Ltd.
Also Read: ED freezes ₹500 crore linked to crypto scam, payment gateways under radar
An ED official familiar with the case told ANI, that the investigating agency had uncovered 63 forged lab reports that were allegedly used to export substandard milk products to countries such as Bahrain, Hong Kong, Singapore, Oman, Qatar, and the UAE.
Also Read: ED launches probe into Torres fraud, conducts searches in the city, Jaipur
The ED's move against Jayshri Gayatri Food Products Pvt Ltd and its director is part of a larger crackdown on alleged food adulteration and fraudulent trade practices.
Officials are examining the company's financial records and other documents to determine the scale of the alleged violations.
Jayshri Gayatri Food Products Pvt Ltd
Founded in 2013 and based in Bhopal, Madhya Pradesh, Jayshri Gayatri Food Products Pvt Ltd is a leading manufacturer and exporter of dairy products.
Also Read: ED summon to Siddaramaiah’s wife, state minister in Muda case
The company operates under the brand name "Milk Magic" and offers a wide range of products, including different varieties of paneer (such as frozen, malai, fresh, and organic), mozzarella cheese, ghee, khoya, white butter, and margarine.
The company is established in both domestic and international markets, and had built a reputation for high-quality products.
For the fiscal year ending on March 31, 2022, Jayshri Gayatri Food Products reported operating revenue between ₹100 crore and ₹500 crore, according to officials. The company's net worth also grew by 53.94% during the same period.
ABOUT THE AUTHORHT News DeskFollow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

E-Paper


