The economic offences wing (EOW) of Mumbai has raided Yash Birla's residence, CNBC-TV18 learns from sources. The EOW has searched six places including Birla Power Solutions' office.
Sources add that the EOW has called Yash Birla and directors for questioning within the next four days.
Twenty eight investors have complained against Yash Birla and a case has been registered against the company under the MPID Act (Maharashtra Protection of Interest of Depositors Act).
Also Read: When butter chicken posed risk for biz expansion at Birlas!
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