IT Department carries out searches at SRM group

A file photo of an administrative office of the SRM Group at Vadapalani, Chennai.

Income Tax sleuths on Tuesday searched more than 25 premises in the city belonging to the SRM group, sources said.

The searches began early this morning, they said. However, they did not divulge the reason behind the raids.

The SRM Group of Companies is into diverse fields including medicine, electronics, hospitality, transport, engineering construction, publications, media and entertainment, power and energy, and numerous educational institutions.