The Election Commission released information about electoral bonds bought since 2019 on its website on Thursday, March 14. This happened a day before the deadline set by the Supreme Court. The Court had directed the State Bank of India (SBI) to provide details of buyers of anonymous electoral bonds since 2019. SC also instructed the Election Commission to share this data on its website by March 15.
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Electoral Bond: Who Are The Buyers Since 2014?
Between April 2019 and January 2024, Future Gaming and Hotel Services and Megha Engineering Infrastructure Limited bought the most electoral bonds, valued at Rs 1,368 crores and Rs 980 crores, respectively. This data comes from the Election Commission of India’s website.
Who Are The Top Investors?
As per the data posted by the Election Commission of India, Future Gaming and Hotel Services and Megha Engineering Infrastructure Limited are the top investors from 2019 to till date. Future Gaming and Hotel Services received the maximum funding, with a whopping amount of Rs 1,368 crore, while Megha Engineering Infrastructure Limited is second on the list with a value of Rs 966 crore.
Who Owns Future Gaming?
Future Gaming is owned by Santiago Martin, who is also famous by the name of South Indian lottery king. He started his lottery business when he was just 13 and has now built a vast network of lottery buyers and sellers across the country.
Who Owns Megha Engineering?
Whereas, Megha Engineering Infrastructure Limited, owned by PV Krishna Reddy and PP Reddy, is an expert in creating dams and power projects. This Hyderabad-based company engages in various sectors, including irrigation, water management, power, transportation, and infrastructure.
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