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M.Venkatachalam

M.Venkatachalam

म.वेंकटचलम

Dravida Munnetra Kazhagam Kumarapalayam

Declared net worth
₹7.22 Cr
Since last election
No prior
Pending cases
Not observed in this extraction version
Convictions
Not observed in this extraction version

Wealth & income over time

₹7.22 Cr
Election Constituency Result Assets Liabilities Net worth Income
Tamil Nadu Vidhan Sabha Election-Feb-May-2021 Kumarapalayam lost ₹7.30 Cr ₹7.50 L ₹7.22 Cr ₹74.96 L

Latest affidavit

Total assets
₹7.30 Cr
Total liabilities
₹7.50 L
Net worth
₹7.22 Cr

Education

  • Post Graduate, M.Com from Madurai Kamarajar University In 2005

self, M.Venkatachalam

Textile Business

Movable assets

  • Cash iN hAND ₹5.00 L
  • Deposits in Banks, FIs and NBFCs Punjab National bank gandhiji Road Erode cr No 0715113100xxxxx ₹17,661.00
  • Deposits in Banks, FIs and NBFCs Punjab National bank gandhiji Road Erode sb No 0715219101xxxxx ₹6,408.00
  • Deposits in Banks, FIs and NBFCs The Fedreal ltd karuveppampatti Branch sb No 1793010007xxxxx ₹21,443.00
  • Deposits in Banks, FIs and NBFCs City Union Bank Kumarapalayam Branch sb No 50010101269xxxxx ₹16,000.00
  • Bonds, Debentures and Shares Rainbow Spinners pvt ltd Pallipalayam Shares each-10 (100000) ₹10.00 L
  • Bonds, Debentures and Shares Venkatachalam textiles india pvt ltd Pallipalayam@ each -10(5680000) ₹56.80 L
  • NSS, Postal Savings, etc. Pallipalayam Post office, No 472138xxxxx ₹42,000.00
  • NSS, Postal Savings, etc. Pallipalayam post office, No 472138xxxxx ₹42,000.00
  • NSS, Postal Savings, etc. Pallipalayam post office, No 472138xxxxx ₹42,000.00
  • Motor Vehicles Mahandra car ( sedan) TN34 H8176 , Purcase 2009 now market value-100000 ₹1.00 L
  • Motor Vehicles Hero Honda cd 100 TN28C1111 Model 1992 now value 10000 ₹10,000.00
  • Motor Vehicles Hero Honda Motor Cycle TN 34F 5360 Model 2007 now value -30000 ₹30,000.00
  • Motor Vehicles Hero Honda TN 34M 9095 Model -2011 now value -25000 ₹25,000.00
  • Motor Vehicles Force Tempo xl TN 34 A 9060 MOdel 2002 value now 100000 ₹1.00 L
  • Motor Vehicles Mahendra Tracter TN34AX 2536 model 2020 value now-705000 ₹7.05 L
  • Jewellery, Bullion, etc. GOLD 190 gRAMS ₹7.22 L

Immovable assets

  • Agricultural Land Property 1 Anangoor village kumarapalayam Taluk no 4/6 ₹10.00 L
  • Agricultural Land Total Area ₹20.00 L
  • Agricultural Land Built Up Area ₹5.00 L
  • Agricultural Land Whether Inherited ₹15.00 L
  • Agricultural Land Purchase Date ₹17.00 L
  • Agricultural Land Purchase Cost ₹1.00 L
  • Agricultural Land Development Cost ₹18.00 L
  • Agricultural Land Property Anangoor village kumarapalayam Taluk no 5/3 4,5, 6/2,3 4A,5A ₹2.00 L
  • Agricultural Land Total Area ₹45.00 L
  • Agricultural Land Built Up Area ₹3.00 L
  • Commercial Buildings Property 1 pallipalayam agraharam village kumarapalayam Taluk no 118/9 ₹1.30 Cr
  • Commercial Buildings Total Area ₹60.00 L
  • Commercial Buildings Built Up Area ₹35.00 L
  • Commercial Buildings Whether Inherited ₹1.30 Cr
  • Residential Buildings Property pallipalayam agraharam village kumarapalayam Taluk no 281/10B,10A ₹45.00 L

Liabilities

  • Loans from Banks / Financial Institutions Loans from Banks / FIs to Eederal Bank Karuveppampatti Brance Vehicle loan No 1793660000xxxxx ₹7.50 L

Income (ITR)

  • 2019-20 ₹7.84 L
  • 2018-19 ₹8.70 L
  • 2017-18 ₹7.57 L
  • 2016-17 ₹7.97 L
  • 2015-16 ₹6.41 L

spouse

Textile Business

Movable assets

  • Cash iN hAND ₹4.50 L
  • Deposits in Banks, FIs and NBFCs Punjab National bank gandhiji Road Erode cr No 0715113100xxxxx ₹18,767.00
  • Deposits in Banks, FIs and NBFCs Punjab National bank gandhiji Road Erode sb No 0715219101xxxxx ₹7,428.00
  • Bonds, Debentures and Shares Rainbow Spinners pvt ltd Pallipalayam 40000 shares@ 10 each ₹4.00 L
  • Bonds, Debentures and Shares Venkatachalam Textiles India Pvt ltd Pallipalayam 622000 shares@ each 10 ₹62.20 L
  • NSS, Postal Savings, etc. Pallipalayam Post office, No 472138xxxxx` ₹42,000.00
  • NSS, Postal Savings, etc. Pallipalayam Post office, No 472138xxxxx ₹42,000.00
  • Jewellery, Bullion, etc. 830 Grams Gold ₹31.54 L

Income (ITR)

  • 2019-20 ₹7.84 L
  • 2018-19 ₹7.84 L
  • 2017-18 ₹7.50 L
  • 2016-17 ₹7.04 L
  • 2015-16 ₹6.26 L

Elections contested

Election Constituency Party Result Votes Share
Tamil Nadu Vidhan Sabha Election-Feb-May-2021 Kumarapalayam Dravida Munnetra Kazhagam lost 69,154 34.48%

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Compiled from public disclosures by the Election Commission of India and MyNeta.