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Electoral Bonds data: Which Pharma, healthcare company made donations to which party?
New Delhi: With the State Bank of India (SBI) finally submitting crucial data on the electoral bonds to the Election Commission (EC) yesterday, the EC made public a fresh data set of electoral bonds, including their alpha-numeric numbers that can help match their purchasers with the political parties that received the funds.
Two separate lists of the donors and the recipients have been published by the poll panel on its website after the details were submitted to it by the SBI earlier in the day as per a Supreme Court order.
Medical Dialogues team had earlier reported about the breakup of the various bonds bought by companies in the healthcare and the pharma domains, with 37 companies buying electoral bonds worth Rs 903 Crore. The data released by the EC is from 2019 to 2024.
With the details now out, here is the list of political parties which the Indian pharma and healthcare giants invested into:-
1) Yashoda Super-Speciality Hospital: Hyderabad-based hospital chain Yashoda Super-Speciality Hospital was the top buyer of electoral bonds from this industry with a massive purchase of Rs 162 crore. Analysis of the data reveals that of the total Rs 162 crores, bonds were bought for donations to 8 political parties. The major chunk went to Bharat Rashtra Samithi (BRS) at Rs 81 crore, followed by Indian National Congress (INC) at Rs 24 crore. The hospital chain also bought bonds for donations to Aam Adami Party (AAP) worth Rs 10 crore, Bharatiya Janata Party (BJP) worth Rs 15 crore, All India Trinamool Congress (AITC) worth Rs 16 crore, Nationalist Congress Party Maharashtra Pradesh ( NCP) Rs 8 crores, Goa Forward Party worth Rs 3 crore as well as Maharashtrawadi Gomntak Party worth Rs 5 crores.
2) Dr. Reddy’s Laboratories Ltd: As per records Dr Reddy's Laboratories made a total purchase of Rs 84 crore worth of electoral bonds. The break up of electoral bonds as per political parties include Bharat Rashtra Samithi (BRS) - Rs 32 crore, Telugu Desam Party- Rs 13 Crore, BJP- Rs 27 Crore, INC- Rs 11 Crore and Shivsena- Rs 1 crore.
3) Micro Labs Ltd: Makers of the popular drug Dolo-650 which was also embroiled in various tax-related as well as alleged unethical practices controversies in the last two years, bought a total of 16 electoral bonds amounting to Rs 16 crore. Of the total bonds bought, Rs 7 crore were donations to Sikkim Krantikari Morcha, Rs 3 crore to the INC, and Rs 6 crore worth of bonds of the BJP.
4) CIPLA Ltd: As per the analysis of the purchase of electoral bonds by the respiratory drug giant, Rs 24 crore were bonds for donations to BJP, and Rs 17 crore were those for the INC.
5) Zydus Healthcare Ltd: As per records, of the total of the Rs 29 crore electoral bond purchase made by Zydus Healthcare, Rs 27 crore went to BJP which encashed Rs 20.9 crore of the said amount while Rs 2 crore went to the INC.
6) Glenmark Pharma: Glenmark made a total bond purchase of Rs 9 crore 75 lakh whereby Rs 5 crore 75 lakhs were bonds for BJP and the remaining Rs 4 crore were for INC.
7) Bharat Biotech: Bharat Biotech bought 10 bonds of Rs 1 crore each (total Rs 10 crore) with donation being directed to Telugu Desam Party.
8) Divi's Labs: Hyderabad-based API giant made a total investment of Rs 55 crores in electoral bonds of 3 political parties. Out of these, BJP got the maximum amount with Rs 30 crore (30 bonds of Rs 1 crore each) followed by All India Trinamool Congress at Rs 20 crore (20 bonds of Rs 1 crore each) and INC at Rs 5 crore (5 bonds of Rs 1 crore each).
9) Kiran Mazumdar Shaw: While Biocon Ltd did not buy any electoral bonds, the Chairman and Managing Director of Biocon Ltd, bought electoral bonds worth Rs 6 crores in her capacity. Her bonds were split between 4 political parties, with BJP at Rs 3.2 crores, Trinamool Congress at Rs 1.4 crore, BRS at Rs 40 lakhs and INC at Rs 1 crore.
10) Intas Pharmaceuticals: Ahemdabad-based Intas Pharmaceuticals bought 20 electoral bonds for BJP of Rs 1 crore each totalling Rs 20 crore.
11) Mankind Pharma: Mankind Pharma Bought electoral bonds of Rs 24 crore with the majority of donations going to BJP at Rs 19 crore followed by AITC at Rs 3 crore and Shiv Sena at Rs 2 crore.
12) Natco Pharma: As per records, Natco Pharma bought bonds worth Rs 69 crores and 25 lakhs. Of this, the majority of donations went to BRS at Rs 20 crore, followed by BJP at Rs 15.20 crore and INC at Rs 12.50 crore. It also bought bonds for Telugu Desam Party for Rs 1.3 crore, NCP- Rs 1 crore, Jansena Party- Rs 5 crore and YSR Congress for Rs 3 crore.
13) Piramal Pharma: Separating from other branches of the Piramal Group such as Piramal Enterprises, Piramal Capital etc; Piramal Pharma bought bonds of Rs 3 crore with BJP as the beneficiary.
14) Torrent Pharma: Ahmedabad-based Torrent Pharma (not to be confused with Torrent power which has its own separate record) bought bonds worth Rs 77.50 crores with 5 political parties as beneficiaries. These include BJP (Rs 45 crore), INC (Rs 21 crore), AITC (Rs 7.5 crore), Samajwadi Party (Rs 3 crore) and AAP (Rs 1 crore).
15) Sun Pharma: India's largest drugmaker, Sun Pharma bought electoral bonds of 4 political parties worth Rs 31.5 crores. The majority of the share went to BJP with Rs 24.5 crore worth of bonds, followed by Janata Dal (Secular) Rs 5 crore, INC- Rs 1 crore and YSR Congress- Rs 1 crore.
16) MSN Labs: MSN labs bought electoral bonds for donation to single party BJP worth Rs 10 crore.
17) MSN Pharmachem: MSN Pharmachem bought electoral bonds of two political parties with a share of INC being Rs 20 crore and BJP being Rs 6 crore.
18) Aurobindo Pharma: Aurobindo Pharma bought electoral bonds totaling Rs 52 crore with 5 political parties as beneficiaries. These include BJP at Rs 34.5 crore, BRS at Rs 9 crore, INC at Rs 6.4 crore, TDP at Rs 2 crore and SP at Rs 10 lakhs.
19) Eugia Pharma: A wholly owned subsidiary of Aurobindo Pharma, Eugia Pharma Specialities Ltd purchased electoral bonds of amounting to Rs 15 crores with BJP as the beneficiary.
20) APL Healthcare Ltd: Another Wholly owned subsidiary of Aurobindo Pharma, APL Healthcare Ltd also bought electoral bonds for donations to BJP amounting to Rs 10 crores.
21) Hetero Biopharma: Hetero Biopharma bought 50 electoral bonds worth Rs 1 crore each, totalling Rs 50 crores. All the bonds were for BJP
22) Hetero Labs: Hetero Labs made an investment of Rs 25 crore total in the electoral bonds for 2 political parties, including BRS with 20 crores and BJP with Rs 5 crores.
23) Hetero Drugs: Hetero Drugs invested Rs 30 crores total in 3 political parties including BRS (Rs 20 crores), AITC(Rs 6 crore) and AAP (Rs 4 crores).
24) Ajanta Pharma: Ajanta Pharma made a purchase of electoral bonds worth Rs 40 crores. These were split between 3 political parties, namely AITC (Rs 20 crores), BJP (Rs 10 crores) and NCP Maharashtra (Rs 10 crores).
25) Alembic Pharma: Vadodra-based Pharma company Alembic Pharma purchased electoral bonds of Rs 10.2 crores. Of this Rs 9.2 crore went to BJP while the remaining Rs 1 crore went to AITC (Rs 80 lakh) and Biju Janta Dal (Rs 20 lakh).
26) SEZ Biotech Services Pvt Ltd: A unit of Serum Institute of India Private Limited, SEZ Biotech bought Rs 75 lakh worth of electoral bonds with NCP, as beneficiary.
27) Hindys Lab Private Limited: Hindys Lab Private Limited whose director Sambi Reddy Jonnala serves as a full-time director of Hetero Drugs Limited bought electoral bonds worth Rs 17.5 crore. These were split across 6 political parties with the majority going to BJP at Rs 8.1 crore, INC at Rs 3 crore, BRS- Rs 2 crore, AITC- Rs 2 crore, YSR Congress party- Rs 2 crore and SP at Rs 40 lakh.
28) Honour Labs: Honour Labs which has its Managing Director Rathnakar Reddy Kura serving as the director of both Hetero Drugs Limited and Hetero Labs Limited made total donations of Rs 25 crores. These went to 5 political parties including BRS- Rs 10 crore, INC- Rs 9 crore, BJP- Rs 2 crore, AITC- Rs 1 crore and AAP- Rs 3 crore.
29) Hazelo Labs: Hazelo Labs which shares a director with Honour Labs donated ₹12.5 crore to 5 political parties including BJP (Rs 7 crores) followed AITC ( Rs 1 crore), BRS (Rs 2 crore), Shiv Sena ( Rs 2 crore) and SP (Rs 50 lakh).
30) Lakshmi Medical Store made donations of Rs 30 crore to BJP and Rs 20 crore to BRS through the purchase of electoral bonds.
31) Dheeraj Medical Store bought electoral bonds woroth Rs 17 crore with Rs 15 crore bonds for BRS and the remaining Rs 2 crore for BJP.
32) Horizon Medical Supplies, makers of medical equipment and disposables made donations worth Rs 40 crore to 2 political parties that is Maharashtra Gomntak Party - Rs 30 crore and INC- Rs 10 crore.
33) Selmar Labs bought electoral bonds of Rs 15 crore - BRS (10 crore) and BJP (Rs 5 crore).
34) Tridentchem made donations of Rs 5 crore to TDP by way of electoral bonds.
35) Dr Healthtech- bought electoral bonds of Rs 80 lakh for the INC.
36) Healthtech Solution purchased electoral bonds of Rs 20 lakhs for INC.
37) Biovet Pvt Ltd gave donations of Rs 5 crore to TDP by purchase of electoral bonds.
38) Panacea Biotech bought electoral bonds of Rs 1 crore of All India Trinamool Congress.
Meghna A Singhania is the founder and Editor-in-Chief at Medical Dialogues. An Economics graduate from Delhi University and a post graduate from London School of Economics and Political Science, her key research interest lies in health economics, and policy making in health and medical sector in the country. She is a member of the Association of Healthcare Journalists. She can be contacted at meghna@medicaldialogues.in. Contact no. 011-43720751