At Rs 664 crore, the Hyderabad-based Megha group of firms was the largest donor to the Bharatiya Janata Occasion between April 2019 and January 2024, contemporary information launched by the Election Fee has revealed.
The infrastructure group was adopted by corporations and people linked to the Mukesh-Ambani led Reliance Group at Rs 545 crore.
The Keventers group took the third spot, with almost Rs 352 crore to the saffron social gathering in electoral bonds. It’s adopted by the Aditya Birla group at Rs 285 crore and the Bharti Airtel group at Rs 236.4 crore.
At almost Rs 2,082 crore, these donors contributed greater than a 3rd of the Rs 6,060 crore price bonds redeemed by the BJP between April 2019 and January 2024, the interval for which information is out there.
Altogether, the social gathering obtained Rs 8,252 crore in electoral bonds since March 2018. Knowledge just isn’t out there for bonds price over Rs 4,000 crore price of bonds redeemed between March 1, 2018 and April 12, 2019.
Megha group
Of the Rs 664 crore that the Megha group donated to the BJP, Rs 584 crore got here from Hyderabad-based Megha Engineering and Infrastructures Restricted. Its subsidiary, Ghaziabad-based Western UP Energy Transmission Firm, gave one other Rs 80 crore to the ruling social gathering.
In complete, the group donated Rs 1,186 crore in electoral bonds. The BJP obtained 56% of its donations.
Reliance-linked corporations
Corporations linked to the Reliance Group have been the second largest donor to the BJP at Rs 545 crore. About 69% of it got here from Mumbai-based Qwik Provide Chain Non-public Restricted, which donated Rs 375 crore to the social gathering.
The remaining Rs 170 crore got here from corporations linked to Surendra Lunia, Ambani’s enterprise affiliate, Reliance executives like Laxmidas Service provider and Ok Ramachandran Raja, and corporations linked to Satyanarayanamurthy Veera Venkata Korlep, who sits on the boards of a number of corporations linked to the group.
The BJP obtained almost 94% of all donations made by these corporations by means of electoral bonds.
Keventers group
The Keventers group donated Rs 351.92 crore to the BJP. It did this by means of 4 corporations: Keventer Foodpark Infra Restricted (now often called Magnificent Foodparks Venture Restricted), MKJ Enterprises, Madanlal Restricted and Sasmal Infrastructure Restricted.
Of those, Madanlal Restricted took the biggest chunk – Rs 175 crore.
The group’s donations to BJP are 57% of the complete Rs 616.92 crore it donated to political events between April 2019 and January 2024.
Aditya Birla group
The Aditya Birla group put Rs 285 crore in BJP pockets, changing into its fourth-biggest donor. It did this by means of 5 subsidiaries – Grasim Industries Restricted, ABNL Funding Restricted, Birla Carbon India Non-public Restricted, Utkal Alumina Worldwide Non-public Restricted and Essel Mining & Industries Restricted.
The BJP cornered 51% of the group’s complete donations in electoral bonds, which stood at Rs 555.8 crore.
Bharti Airtel group
The Sunil Bharti Mittal-led Bharti Airtel group donated Rs 236.4 crore to the BJP by means of 4 corporations – Bharti Airtel Restricted, Bharti Airtel Present AC GCO, Bharti Infratel and Bharti Telemedia.
The most important share got here from Bharti Airtel Restricted, which gave Rs 183 crore.
The Bharti Airtel group gave Rs 247 crore in electoral bond donations. The BJP took dwelling almost 96% of it.
Vedanta
Metals and mining conglomerate Vedanta donated Rs 230.15 to the BJP. This was almost 57% of its complete electoral bond donations, which stood at Rs 400.65 crore.
This report is a part of a collaborative undertaking involving three information organisations – Newslaundry, Scroll, The Information Minute – and unbiased journalists.
Venture Electoral Bond consists of Aban Usmani, Anand Mangnale, Anisha Sheth, Anjana Meenakshi, Ayush Tiwari, Azeefa Fathima, Basant Kumar, Dhanya Rajendran, Divya Aslesha, Jayashree Arunachalam, Joyal, M Rajshekhar, Maria Teresa Raju, Nandini Chandrashekar, Neel Madhav, Nikita Saxena, Parth MN, Pooja Prasanna, Prajwal Bhat, Prateek Goyal, Pratyush Deep, Ragamalika Karthikeyan, Raman Kirpal, Ravi Nair, Sachi Hegde, Shabbir Ahmed, Shivnarayan Rajpurohit, Siddharth Mishra, Supriya Sharma, Tabassum Barnagarwala and Vaishnavi Rathore.