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Rotomac fraud: I-T attaches assets in Kanpur, Ahmedabad

The principal amount involved was Rs 29 billion

Rotomac scam: Vikram Kothari is fighting a battle that might be hard to win
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Police personnel outside Rotomac Global MD Vikram Kothari’s bungalow after the CBI conducted a raid, Kanpur. Photo: PTI

Press Trust Of India New Delhi
The income tax (I-T) department on Wednesday said it has attached four immovable assets of the Rotomac group and its promoters in connection with an alleged tax evasion probe against them. They said the properties, three in Kanpur and one in Ahmedabad, were provisionally attached on Tuesday.

In another development, the Central Bureau of Investigation (CBI) on Wednesday questioned the owner of Rotomac Pens, Vikram Kothari, and his son Rahul at the agency’s headquarters in New Delhi. Kothari was earlier questioned in Kanpur, where his company and residence are located, sources said, adding he and his son Rahul were called here