India, Sept. 13 -- Four years after Pandora Papers, Radico Khaitan's offshore structures face no action.

New Delhi: Four years after the Pandora Papers revealed offshore structures linked to Radico Khaitan's promoters, there is still no sign of regulatory action in the public domain. The 2021 revelations reported that a Panama-based 'Timberlane trust' held 50,000 shares in 'Beecool Global Holdings Ltd', a company incorporated in the British Virgin Islands.

Share transfer forms dated October 2013 recorded 25,000 shares each being transferred to Lalit and Abhishek Khaitan, the promoters of Radico Khaitan.

The Pandora Papers were a global investigation coordinated by the International Consortium of Investigative Journalists (ICIJ) and pub...