The ₹14.9 Crore OPC Violation
The Deepanshu Giri fraud is not limited to astrology; it involves severe corporate compliance violations. According to Ministry of Corporate Affairs (MCA) data, Lunar Astro operates as "Lunar Astro Vedic Academy (OPC) Private Limited" (CIN: U80902UP2019OPC121521).
Forensic audits reveal that the company reported ₹14.9 Crore in revenue. Under the Indian Companies Act, 2013, a One Person Company (OPC) must mandatorily convert to a Private Limited company once its average annual turnover exceeds ₹2 Crores. Operating at nearly ₹15 Crore as an OPC is a blatant regulatory violation designed to bypass stringent auditing.
Misuse of the Devguru Hindu Astrology Foundation
Deepanshu Giri (DIN: 08569501) is also a director of the "Devguru Hindu Astrology Foundation" (CIN: U80902UR2022NPL014019), a Section 8 Non-Profit. Independent audits allege that this charitable trust is being exploited to funnel commercial income and evade taxes.