What actually is Padmalaya Enterprises?

Superstar Krishna has started a studio of his own and named it Padmalaya Studios. He has produced several movies on his banner and the studio has become very popular as years passed. Later when Mahesh became a Superstar he along with his sibblings started two more production houses called Krishna Productions Pvt. Ltd.,(KPPL) and Indira Productions pvt. ltd.,(IPPL).

Superstar Krishna's elder son G.Ramesh Babu looks after KPPL and his sister Manjula heads IPPL. These banners have produced Arjun, Athidi, Nani and Pokiri with Mahesh. Now where did this Padmalaya Enterprises come from suddenly? Why was Ramesh babu in the news for wrong reasons yesterday?

As usual the media has handled this news in whatever way they were comfortable with. Some pulled Mahesh into the picture while others blamed Ramesh for not paying the taxes for the money made on Athidi.

maheshfan.blogspot.com brings u the real picture exclusively for our visitors. Padmalaya Studios is being looked after by G.Adiseshagiri Rao (Krishna's younger brother) and other close associates of Superstar Krishna for quite a long time now. It was during the production of Arjun some members from the Padmalaya Studios have started this company Padmalaya Enterprises.

They wanted to develop Animation Labs and other Production related workshops under this company. Although this company was started by Superstar's close relations it had G.Ramesh Babu in one of the Directors post.

But in reality G.Ramesh babu has never been associated with that company in anyway whatsoever. Superstar Krishna himself used to be the Chairman of the company but resigned to that post after sometime.

Later when some part of the Padmalaya was handed over to Zee telefims, Padmalaya Enterprises has become completely inactive. The IT officials in their recent raids found everything right with KPPL and IPPL.

But they were not satisfied with the accounts of Padmalaya Enterprises. Unfortunately G.Ramesh babu had no clue about this company because he was never invovled in any of that company's activities.

But since he was named as the Director of that company the IT officials had to legally question him for any clarifications. This was the reason G.Ramesh babu was interogated by the IT officials yesterday.

The IT officials have collected the information they needed and issued a notice to the company. The 1.5 Crs which was all over in the news was the unpayed tax for Padmalya Enterprises and has nothing to do with KPPL and IPPL.

thanks to prawasi