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Electoral bonds full data |  MEIL’s ₹584 crore to BJP is top donation to any party

Data released by EC shows that the company donated ₹195 crore to the Bharat Rashtra Samithi and ₹85 crore to the DMK; Trinamool received ₹542 crore from lottery magnate Martin’s company

March 21, 2024 08:28 pm | Updated March 22, 2024 09:44 pm IST

Vignesh Radhakrishnan,Jasmin Nihalani,Rebecca Rose Varghese
Hyderabad-based Megha Engineering and Infrastructures, Ltd. (MEIL) donated ₹584 crore to the BJP (60% of its donations) – the most by a donor for any single party. File

Hyderabad-based Megha Engineering and Infrastructures, Ltd. (MEIL) donated ₹584 crore to the BJP (60% of its donations) – the most by a donor for any single party. File | Photo Credit: AFP

Hyderabad-based Megha Engineering and Infrastructures, Ltd. (MEIL) donated ₹584 crore to the BJP (60% of its donations) – the most by a donor for any single party. The MEIL also donated ₹195 crore to the Bharat Rashtra Samithi (20% of its donations), and ₹85 crore to the DMK (8.8%). Its subsidiary Western UP Power Transmission Company, Ltd. donated ₹110 crore to the Indian National Congress (INC), followed by ₹80 crore to the BJP, data released by the Election Commission (EC) on Thursday revealed.

Electoral bonds full data |  MEIL’s ₹584 crore to BJP is top donation to any party

All of the top 18 companies (by total donations via electoral bonds) donated portions of the bond denominations to the BJP.

Lottery magnate Santiago Martin’s Future Gaming and Hotel Services PR, the highest electoral bond donor, donated ₹542 crore to the All India Trinamool Congress (AITC) through the this route.

Electoral bonds full data | Complete list of donors, parties and unique numbers

This data pertains to bonds purchased and encashed between April 12, 2019, and January 24, 2024, for which information has been released to the public.

Also Read | Electoral bond data | Who gave the most and which party got how much in the last two years 

Of the bonds worth ₹1,368 crore purchased by Future Gaming and Hotel Services, 39.6% went to AITC, followed by the Dravida Munnetra Kazhagam (DMK, ₹503 crore, 36.7%), and the YSR Congress Party CP (₹154 crore, 11.2%). The Bharatiya Janata Party received ₹100 crore from the firm (7.3%).

These conclusions are based on the data the ECI published on Thursday, which it received from the State Bank of India (SBI) as the Supreme Court had directed.

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Qwik Supply Chain Pvt. Ltd. – the third biggest donor via the electoral bond route – gave ₹375 crore to the BJP and ₹25 crore to the Shiv Sena. (Three Reliance Group companies own 50% of Qwik.) Haldia Energy bought bonds worth ₹281 for the AITC and ₹81 crore for the BJP. Vedanta, Ltd. gave ₹229 crore to the BJP, followed by ₹125 crore to the INC.

Electoral bonds, the State Bank and the art of evasion

Keventer Food Park Infra, Ltd., MKJ Enterprises, Ltd., and Madanlal, Ltd. – all three firms registered with the same address in Kolkata and with at least one director in common – donated ₹573 crore together. Of this, 60%, or ₹346 crore, went to the BJP and 21% (₹121 crore) went to the INC.

Related Topics

Election Commission of India / Electoral bonds / All India Trinamool Congress / Bharatiya Janata Party

Collection - 35 stories

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