Adani, Reliance, Tata Not On Electoral Bonds List: Who Are The Top Donors?
As the Election Commission of India released the data on electoral bonds, revealing the companies and individuals contributing to political parties, notable absences included the names of major conglomerates such as Adani Group and Reliance.
The data disclosed by the election commission highlighted prominent buyers, including Bharti Airtel, Bajaj Finance, DLF, Megha Engineering and Infrastructures Limited. Additionally, individual contributions were made by Lakshmi Niwas Mittal, the executive chairman of ArcelorMittal.

Other significant buyers listed in the data comprised Grasim Industries, Piramal Enterprises, Torrent Power, DLF Commercial Developers, Vedanta Ltd., Apollo Tyres, Edelweiss, PVR, Keventer, Sula Wine, Welspun, and Sun Pharma.
Future Gaming and Hotel Services, formerly known as Martin Lottery Agencies Limited and owned by Santiago Martin, was noted for purchasing electoral bonds worth over ₹1,350 crore. Despite past scrutiny by the Enforcement Directorate, the company's significant bond acquisitions were highlighted.
Megha Engineering, a Hyderabad-based company involved in major infrastructure projects, notably acquired bonds worth ₹966 crore. Owned by PP Reddy, Megha Engineering and Infrastructure Limited (Meil) is primarily engaged in gas-related activities.
Another noteworthy buyer was Mumbai-based Qwik Supply Chain Pvt Ltd, which obtained bonds worth ₹410 crore.
Individual contributors included Anil Agarwal's Vedanta Ltd, which purchased bonds worth ₹398 crore, and three companies associated with Sunil Mittal, totaling ₹246 crore in bond purchases.
Steel magnate Lakshmi Niwas Mittal also made a personal contribution, acquiring bonds worth ₹35 crore.
Among the individuals listed in the data published by the ECI were prominent figures such as Kiran Mazumdar Shaw, Varun Gupta, B K Goenka, Jainendra Shah, and one individual identified only by the first name Monika.
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