Adyar Ananda Bhavan remains under the ownership of the founder's descendants - FACTLY
Sai Krishna Muthyanolla
November 1, 2023
A post with an image displaying an ornate box with Urdu inscriptions, along with the logos of Adyar Ananda Bhavan and A2B, a vegetarian restaurant chain headquartered in Chennai, is being shared claiming that the firm was taken over by a Muslim group and that they kept the photos of original owners of the firm and the Hindu gods intact in order to retain the customers. Let’s verify the claim made in the post.
Claim: Adyar Ananda bhavan and A2B is bought by a Muslim group. They still exhibit the photo of the old owner couple and pictures of Hindu gods to hold onto customers
Fact: Adyar Ananda Bhavan remains under the ownership of the founder’s descendants and has not been acquired by a Muslim group. Hence, the claim made in the post is FALSE.
On performing a relevant keyword search about Adyar Ananda Bhawan, We found that the Times of India reported Srinivasa Raja as the director of the company in 2022. Further research of their website and Facebook page revealed that the brand was started by K.S. Tirupathy Raja and is now passed on to his sons, K.T. Venkatesan and K.T. Srinivasa Raja from the brand’s website.
Further, we searched for details of the company ownership on the Ministry of Corporate Affairs and found that both sons of the founder have held director positions within the company since 2009. There was an increase in the number of directors in 2019, with more individuals joining the board. This indicates that ownership stayed with them and was not transferred to others. If there is such a change, the Ministry would have updated the status.
When we reached out to Adyar Ananda Bhawan, they categorically dismissed the claim as false and confirmed that its ownership and management remain with the descendants of the founders.
To sum up, Adyar Ananda Bhavan remains under the ownership of the founder’s descendants and has not been acquired by a Muslim group.