November 23, 2023

Patanjali’s shadow real-estate empire

Hidden in plain sight, the Patanjali business empire is functioning as a dubious real-estate agency buying and selling forested lands in the fragile Aravalli mountain range through a web of shell companies.

Nitin Sethi

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English हिंदी বাংলা ગુજરાતી मराठी ಕನ್ನಡ മലയാളം తెలుగు اُردُو অসমীয়া ଓଡ଼ିଆ தமிழ்ਪੰਜਾਬੀ Manipuri

Reporter

Shreegireesh Jalihal

Tapasya

Shreegireesh Jalihal

Tapasya

Editors

Anoop George Philip

Editorial Support

Nitin Sethi

Researcher

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PART 02

November 2023

Patanjali Group spawned dubious shell companies for lucrative real estate business

Patanjali Group employed a web of dubious shell companies that funnelled money to buy Aravalli forestland and sell it as real estate.

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PART 02

November 2023

As Haryana kept Aravallis unprotected, Patanjali quietly traded forestland

Haryana govt blocked multiple legal routes to protect Aravalli's forest lands. This allowed Patanjali's shell companies to earn super-profits by trading in them

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Documents

Corporate Records of Patanjali's Shell Companies

Documents

Case documents used in the series

Documents

Corporate Records of Patanjali's Shell Companies

Documents