Ramoji Rao passed away today

Cherukuri Ramoji Rao, the chairman of group companies passed away today.

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The doctors carried out some tests on Ramoji Rao and they found he had a heart condition where they put a stent.

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His health deteriorated and on Friday night his condition worsened leading to his demise in ICU for two days. He died at 4.50 am on Saturday morning.

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Ramoji Rao was born in Pedaparupudi in Krishna district on November 18, 1936 from a humble peasant farming family.

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The birth of Margadarshi Chit Fund took place in 1962 as the first business step.

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