The BJP received the maximum funds through these bonds at Rs 6,986.5 crore since they were introduced in 2018.
Under pressure from the Supreme Court, the State Bank of India (SBI), requested an extension till June 30, and released insightful information on election bonds on Thursday. This information included donor profiles, party redemption information, and the special alphanumeric codes that connect contributors and recipients.
The SC put pressure on the SBI to give informative information on election bonds on Thursday. SBI had asked for an extension until June 30. Donor profiles, party redemption details, and the unique alphanumeric codes linking donors and receivers were all included in this data.
This information, which was made public by ECI following SBI's filing of a compliance document in response to a top court directive, constitutes the most extensive revelation of the contentious programme that provided donors with complete anonymity. The plan was deemed "unconstitutional" and discarded by the court on February 15.
The list published by ECI gave details of bonds worth Rs 12,155.51 crore that were purchased by over 1,300 companies in nearly five years. Of them, Future Gaming and Hotel Services Pvt Ltd bought Rs 1,368 crore, being the only one to exceed the Rs 1,000-crore mark, according to Mint analysis.
Donor number 2, Hyderabad-based Megha Engineering & Infrastructure (Rs 584 crore), Qwik Supply Chain (Rs 375cr), mining and metals giant Vedanta Ltd (Rs 230cr) and Bharti Airtel (Rs 183cr).
Four companies of the Kolkata-headquartered Mahendra K Jalan and his family purchased electoral bonds worth Rs 616.92 crore between April 2019 and January 2024, data released by the ECI under the SC instructions revealed. Rs 372 crore, more than half the total bond purchases by the group, which includes Madanlal Ltd, Keventer Food Park Infra Ltd, and Sasmal Infrastructure. The Congress Rs 161 crore, and the Trinamool Rs 47 crore.
Bonds worth Rs 584 crore, eight companies of RPSC making it the fourth highest donor. The Group’s four top donor companies — Haldia Energy (Rs 377 crore), Dhariwal Infrastructure (Rs 115 crore), Philips Carbon (Rs 35 crore) and Crescent Power (Rs 34 crore) together purchased bonds for Rs 561 crore. The Trinamool received Rs 419 crore, the BJP 126 crore and the Congress Rs 15 crore.
The fifth-largest donor is Aditya Birla Group with a bond purchased value of Rs 553 crore. Essel Mining (Rs 225 crore), Utkal Alumina International (Rs 145 crore) and Birla Carbon (Rs 105 crore) accounted for bonds worth Rs 475 crore are the top three donor companies. Out of Rs 245 crore went to the BJD and Rs 230 crore to the BJP.
Qwik Supply Chain Pvt Ltd, an associate company of Reliance Industries Ltd is next on the list which spent Rs 410 crore on bonds. The BJP received Rs 375 crore and the Shiv Sena Rs 25 crore.
The seventh largest buyer of bonds is Vedanta Limited spent Rs 401 crore. The top beneficiary is BJP with Rs 227 crore while the Congress and the BJD received Rs 125 crore and Rs 40 crore, respectively.
Four companies of the Bharti Group purchased bonds worth Rs 247 crore. Bharti Airtel Limited, the top donor spent Rs 183 crore on bonds. The BJP received Rs 197 crore.
Rs 192 crore in bonds donated by four Jindal companies. Jindal Steel and Power spent Rs 123 crore. The lion’s share BJD received is of Rs 100 crore, while the Congress and the BJP received bonds worth Rs 20 crore and Rs 3 crore respectively.
The tenth largest donor, Ahmedabad-based Torrent Group donated Rs 184 crore through three companies. Torrent Power Ltd, the biggest donor spent Rs 107 crore. Of this, BJP got Rs 107 crore, while the Congress and the AAP got Rs 17 crore and Rs 7 crore, respectively.
The ECI made public two sets of data on Thursday, which comprised a list of 18, 871 electoral bonds purchased, and 20, 421 electroral bonds redeemed after April 12, 2019. The purchaser and recipient matched only for 18, 741 electoral bonds, based on the unique alphanumeric number, and accounted Rs 12145.88 crore.
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