Bengaluru, March 10 -- Karnataka Industrial Areas Development Board (KIADB) CEO Mahesh on Sunday clarified that M/s Ksiroda India Pvt. Ltd., a company linked to Kannada actress Ranya Rao, who has been accused in a gold smuggling case--was allotted 12 acres of land on January 2, 2023.

The land is located in Sira Industrial Area, Tumakuru district, was approved for allotment during the 137th State Level Single Window Clearance Committee (SLSWCC) meeting held on the same day when the last governemnt was in power, Mahesh stated.

According to a press release, the company had submitted a proposal to set up a manufacturing unit for Steel TMT bars, rods, and allied products, with an investment of Rs 138 crore.

The project was expected to gener...