Archive · 24 Jul 2026
Ecorin Energy MD arrested in Rs 100-cr GST evasion case
The Managing Director of Ecorin Energy, Lakshmi Prasanna, was arrested in Hyderabad for allegedly evading Rs 100 crore in GST.
GST officials found fake invoices and manipulated financial records during a search at the company's office.
The investigation is ongoing to find out if others were involved.
Lakshmi Prasanna, MD of Ecorin Energy, arrested for Rs 100-cr GST evasion.
GST officials seized key documents and digital records during office searches.
Company suspected of creating fake invoices and manipulating turnover.
Investigation ongoing to examine roles of other individuals and transactions.
Arrest follows extensive searches at the company’s office in Madhapur.
- Who
- Lakshmi Prasanna, Managing Director of Ecorin Energy Private Limited
- What
- Arrest for alleged GST evasion of Rs 100 crore
- When
- Recently (exact date not specified)
- Where
- Hyderabad
- Why
- Suspected creation of fake invoices and manipulation of turnover
GST Authorities
Ecorin Energy
Evidence of Fraud
GST Authorities
GST authorities claim to have found evidence of fake invoices and manipulated turnover.
Ecorin Energy
Ecorin Energy has not yet publicly responded to the allegations.
- Company Name
- Ecorin Energy Private Limited
- Amount Evaded
- Rs 100 crore
- Location of Arrest
- Hyderabad
- Key Documents Seized
- Yes
- Digital Records Seized
- Yes