15 corporate figures who bought electoral bonds: Report

Here we take a look at the 15 major corporate figures who feature as donors on the electoral bonds list.

The Election Commission of India (ECI) recently revealed that 333 individuals purchased electoral bonds worth Rs 358.91 crore in the time period of April 2019 and January 2024. Among them, 15 corporate figures bought bonds worth Rs 158.65 crore, which means 44.2 per cent of the overall amount, as reported by The Indian Express.

Here we take a look at the 15 major corporate figures.

Lakshmi Niwas Mittal: Rs 35 crore

Lakshmi Niwas Mittal is the CEO of ArcelorMittal, one of the largest steel companies. He bought Rs 35 crore worth bonds.

Laxmidas V Merchant: Rs 25 crore

Laxmidas V Merchant bought Rs 25 crore worth bonds. Merchant is a director with Reliance Life Sciences. He previously was the director of Reliance Ventures Ltd.

Rahul Bhatia: Rs 20 crore

Rahul Bhatia is the Promoter and Managing Director of IndiGo. He is also the Group Managing Director of InterGlobe Enterprises. He bought Rs 20 crore of bonds.

Inder T Jaisinghani: Rs 14 crore

Inder T Jaisinghani is the Chairman and Managing Director of Polycab India Ltd He purchased bonds worth Rs 14 crore.

Polycab manufactures cables, wires and a range of other electronical goods.

Kiran Mazumdar Shaw: Rs 6 crore

Kiran Mazumdar Shaw is the Executive Chairperson of Biocon Limited, a pharma company. She bought bonds worth Rs 6 crore.

Rajesh Mannalal Agarwal: Rs 13 crore

Rajesh Mannalal Agarwal is the owner and co-founder of Ajanta Pharma Limited who bought Rs 13 crore of bonds. It is a multinational pharma company.

Indrani Patnaik: Rs 5 crore

Indrani Patnaik is a director of nine companies in the mining sectors in Odisha and West Bengal. She purchased bonds worth Rs 5 crore.

Sudhakar Kancharla: Rs 5 crore

Sudhakar Kancharla bought Rs 5 crore worth of bonds. He is the founder of Devansh Lab Werks and chairman of Yoda Group.

Harmesh Rahul Joshi and Rahul Jagannath Joshi: Rs 10 crore each

Harmesh Rahul Joshi & Rahul Jagannath Joshi of Om Freight Group bought Rs 10 crore worth bonds each. Om group is a company that deals with international logistics and freight.

Abhrajit Mitra: Rs 4.25 crore

Abhrajit Mitra is the director of Searock Infraproject Private Limited, a Kolkata based firm. Mitra bought bonds for Rs 4.25 crore.

Sarojit Kumar Dey: Rs 3.4 crore

Sarojit Kumar Dey purchased Rs 3.4 crore worth of bonds. He is the director of J D Agro Development Private Limited, JRD Realty Private Limited, and Limelight Vincom Private Limited.

Dilip Ramanlal Thacker: Rs 3 crore

Dilip Ramanlal Thacker is associated with real estate business, infrastructure and hotels. He bought Rs 3 crore worth bonds.

Prakash Balwant Mengane: Rs 3 crore

Prakash Balwant Mengane purchased bonds for Rs 3 crore and is a director in Shreenath Stapatya India Private Limited, a company that manufactures non-metallic mineral products.

Nirmal Kumar Bathwal: Rs 2 crore

Nirmal Kumar Bathwal purchased Rs 2 crore worth bonds. He is the director of Penguin Trading & Agencies Limited among 21 other companies.