The Election Fee of India on Thursday uploaded the information on electoral bonds on its web site as obtained from SBI. The information was made public after the SBI submitted the bond information to the ballot physique on Tuesday.
The checklist of donors to political events by way of electoral bonds included names of huge organisations like Piramal Enterprises Ltd., Muthoot Finance Restricted, Pegasus Properties Non-public Restricted, Finolex Cables Ltd, Lakshmi Niwas Mittal, Edelweiss Housing Finance Ltd, GHCL Ltd, Jindal Poly Movies Restricted, ITC Restricted, Vedanta Restricted and Bharti Airtel Restricted.
Electoral bonds information | Donors to political events by way of electoral bonds embody Finolex Cables Ltd, Lakshmi Niwas Mittal, Edelweiss Housing Finance Ltd, GHCL Ltd, Jindal Poly Movies Restricted, ITC Restricted, Vedanta Restricted
— ANI (@ANI) March 14, 2024
The identify of Western UP Energy Transmission Firm Ltd can also be current within the checklist of donors. The ballot physique put up on its web site the information on electoral bonds on Thursday, a day forward of the Supreme Court docket-fixed deadline.
Future Gaming, which was probed by the Enforcement Directorate in March 2022, purchased electoral bonds price over Rs 1,350 crore beneath two totally different units of firms, as reported by information company PTI.
Among the many high corporates, Agarwal’s Vedanta Ltd purchased Rs 398 crore price of bonds, whereas Sunil Mittal’s three firms collectively bought a complete of Rs 246 crore price of bonds, PTI reported. Lakshmi Niwas Mittal purchased Rs 35 crore price of bonds in his particular person capability. Hyderabad-based Megha Engineering, which has bagged contracts of a number of massive infrastructure tasks, purchased bonds price Rs 966 crore.
Based on the information uploaded by the ballot panel, the consumers of electoral bonds included Spicejet, IndiGo, Grasim Industries, Megha Engineering, Piramal Enterprises, Torrent Energy, Bharti Airtel, DLF Industrial Builders, Vedanta Ltd., Apollo Tyres, Edelweiss, PVR, Keventer, Sula Wines, Welspun, Solar Pharma, Vardhman Textiles, Jindal Group, Phillips Carbon Black Restricted, CEAT tyres, Dr Reddy’s Laboratories, ITC, Kaypee Enterprises, Cipla, and Ultratech Cement, Qwik Provide Chain.
On February 15, a five-judge Structure bench scrapped the Centre’s electoral bonds scheme that allowed nameless political funding, calling it “unconstitutional” and ordering disclosure by the EC of donors, the quantity donated by them, and the recipients.
People who donated by way of electoral bonds additionally included Kiran Mazumdar Shaw, Varun Gupta, B Ok Goenka, Jainendra Shah and one particular person going by solely first identify of Monika. Ghaziabad-based Yashoda Tremendous Speciality Hospital bought 162 bonds, principally of Rs 1 crore every.
Bajaj Auto purchased bonds price Rs 18 crore, Bajaj Finance Rs 20 crore, three IndiGo corporations Rs 36 crore, Spicejet Rs 65 lakh, and Rahul Bhatia of IndiGo purchased bonds price Rs 20 crore, as reported by PTI. Mumbai-based Qwik Provide Chain Pvt Ltd purchased bonds price Rs 410 crore and Haldia Vitality Rs 377 crore.
Based on a report by the Affiliation of Democratic Reforms (ADR), a complete of 28,030 electoral bonds price Rs 16,518 crore have been offered from March 2018 to January 2024.