Sandalwood actress Ranya Rao’s business ventures under scrutiny amid gold smuggling case

As investigations into the gold smuggling case involving Sandalwood actress Ranya Rao continue, new details about her business ventures have surfaced. Documents reveal that Ranya was not only involved in the TMT steel business but also ran a photography company before switching industries.

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According to sources, Ranya had initially claimed to the Directorate of Revenue Intelligence (DRI) that photography was merely a hobby. However, records indicate that she had formally established a company named Ranya Photography Private Limited in partnership with a friend from Ramanagara. The company operated for four years before being shut down.

On September 19, 2022, Ranya officially closed the photography business, citing financial losses. Shortly afterward, she shifted her focus to the steel industry and launched a TMT steel company. The declaration for the closure of her photography firm is available with NewsFirst, further corroborating these developments.

These revelations have added another layer of intrigue to the ongoing gold smuggling investigation. Authorities are now examining her business history to determine if there are any financial links between her past ventures and the current allegations.

With the case gaining momentum, officials are expected to probe deeper into her financial transactions and business associations. Meanwhile, Ranya has yet to respond to these fresh disclosures.