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The Election Fee of India on Thursday uploaded the info on electoral bonds on its web site as acquired from SBI. The information was made public after the SBI submitted the bond knowledge to the ballot physique on Tuesday.
The record of donors to political events via electoral bonds included names of huge organisations like Piramal Enterprises Ltd., Muthoot Finance Restricted, Pegasus Properties Personal 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 knowledge | Donors to political events via 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 title of Western UP Energy Transmission Firm Ltd can be current within the record of donors. The ballot physique put up on its web site the info 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 value over Rs 1,350 crore underneath two totally different units of corporations, as reported by information company PTI.
Among the many prime corporates, Agarwal’s Vedanta Ltd purchased Rs 398 crore value of bonds, whereas Sunil Mittal’s three corporations collectively bought a complete of Rs 246 crore value of bonds, PTI reported. Lakshmi Niwas Mittal purchased Rs 35 crore value of bonds in his particular person capability. Hyderabad-based Megha Engineering, which has bagged contracts of a number of massive infrastructure tasks, purchased bonds value Rs 966 crore.
Based on the info uploaded by the ballot panel, the consumers of electoral bonds included Spicejet, IndiGo, Grasim Industries, Megha Engineering, Piramal Enterprises, Torrent Energy, Bharti Airtel, DLF Business 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 via electoral bonds additionally included Kiran Mazumdar Shaw, Varun Gupta, B Ok Goenka, Jainendra Shah and one particular person going by solely first title of Monika. Ghaziabad-based Yashoda Tremendous Speciality Hospital bought 162 bonds, principally of Rs 1 crore every.
Bajaj Auto purchased bonds value Rs 18 crore, Bajaj Finance Rs 20 crore, three IndiGo companies Rs 36 crore, Spicejet Rs 65 lakh, and Rahul Bhatia of IndiGo purchased bonds value Rs 20 crore, as reported by PTI. Mumbai-based Qwik Provide Chain Pvt Ltd purchased bonds value 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 value Rs 16,518 crore have been offered from March 2018 to January 2024.
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