Who is Lamborghini crash accused Shivam Mishra, tycoon's son linked To 2024 I-T raids?
India Today
A high-speed Lamborghini crash in Kanpur has brought Shivam Mishra and his family business, Banshidhar Tobacco Group, back into the national spotlight amid ongoing controversies.
A high-speed Lamborghini crash in Uttar Pradesh’s Kanpur has once again brought Shivam Mishra and his father K K Mishra, owner of the Banshidhar Tobacco Group, into national focus, reviving attention on a business family that has figured prominently in recent controversies.
The Mishras head one of the country’s major tobacco suppliers. K K Mishra leads the Kanpur-based Banshidhar Tobacco Group, a key raw material provider to several leading pan masala and tobacco brands. While rooted in Uttar Pradesh, the group’s commercial presence extends across Delhi, Mumbai, Gujarat and other states.
Established nearly 90 years ago, Banshidhar Tobacco is counted among Kanpur’s oldest industrial houses. Over decades, it has emerged as a significant player in the tobacco supply chain, servicing some of the biggest names in the industry.
In recent years, Shivam Mishra has taken on a central role in the company’s operations. Widely regarded as the face of its current management, he is involved in key decisions related to expansion, production and overall strategy, driving the group’s national growth.
The group entered the national spotlight in March 2024 after the Income Tax Department conducted searches at more than 20 locations linked to Banshidhar Tobacco Group and its promoters. The operation covered multiple states, including Uttar Pradesh, Delhi, Mumbai and Gujarat.
During the searches, officials claimed to have recovered large amounts of cash, documents related to luxury vehicles and high-value diamond watches from premises associated with Shivam Mishra, including his residence in Delhi. Investigators alleged evidence of tax evasion amounting to crores of rupees and undisclosed assets, bringing Shivam Mishra widespread attention.
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