KTR Demands Probe Into Aerospace Shell Companies Linked to Telangana Elite

The allegations center on Aindri Defence Advisory, a firm founded by former Bharat Dynamics Limited CMD Siddharth Mishra. Despite maintaining a locked office and minimal assets, the company reportedly secured a 56.8 crore rupee single-tender contract for optical sights from the central public sector unit. Rama Rao argues that such entities pose a direct risk to national security by supplying critical equipment to the armed forces.

Beyond Aindri, the BRS leader identified two other ventures linked to the current state administration. He pointed to Tesseract Advanced Systems, allegedly connected to Chief Minister A Revanth Reddy’s brother, Anumula Kondal Reddy, and Raghava Aerospace, associated with the family of Revenue Minister Ponguleti Srinivasa Reddy. KTR previously challenged the allotment of a five-acre land parcel to Tesseract, valued at 200 crore rupees, which was granted for a fraction of its market price to a company with a paid-up capital of only one lakh rupees and no reported employees.