Many companies that faced regulatory action in the past five years have all donated electoral bonds to the Bharatiya Janata Party (BJP) in some measure, data released by the Election Commission (EC) to comply with the orders of the Supreme Court show.
The Hindu previously reported that Divi’s Labs, Micro Labs, Kalpataru Projects International, and other companies purchased bonds worth considerable sums of money between 2019 and 2023. These companies were also under the scanner of the Income Tax Department, the Enforcement Directorate or the U.S. Food and Drug Administration over alleged bad business practices or quality control, as the case may be.