You are currently viewing Dairy product maker Keventer, largest donor to Samajwadi Social gathering, it encashed EBs price Rs 10 cr throughout 2019 LS polls | Lucknow Information

Dairy product maker Keventer, largest donor to Samajwadi Social gathering, it encashed EBs price Rs 10 cr throughout 2019 LS polls | Lucknow Information

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LUCKNOW: Two days previous to the sixth section of Lok Sabha polls on Could 12, 2019, the Samajwadi Social gathering encashed Electoral Bonds (EBs) price Rs 10 crore on the Hazratganj-based essential department of the SBI. All these EBs have been donated to it by the Kolkata-based main FMCG agency, the Keventer Group, which emerged as its largest donor.With a deal with dairy, contemporary meals, packaged meals, and drinks, boasting a 125-year historical past, the group stands because the third largest company donor general to political events, with 4 of its totally different entities buying EBs price Rs 617 crore.The SP obtained Rs 14.05 crore in funds by way of EBs between April 18, 2019, and January 13, 2022, out of which Rs 1 crore price 10 EBs have been bought by the Keventer Meals Park Infra Restricted (KFPIL). KFPIL donated a complete of Rs 195 crore by way of EBs, together with Rs 20 crore every to Congress and TMC, and Rs 144.5 crore to BJP.Different entities of the Keventer group, together with Madanlal Ltd, paid Rs 185.5 crore, with Rs 175.5 crore to BJP and Rs 10 crore to Congress. In the meantime, MKJ Enterprises funded Rs 192.4 crore through EBs, together with Rs 26.9 crore to BJP, Rs 91.7 crore to Congress, Rs 45.9 crore to TMC, and Rs 10 crore every to BJD and BRS, and Rs 7 crore to AAP.Equally, Sasmal Infrastructure, which paid Rs 44 crore, allotted Rs 5 crore to BJP and Rs 39 crore to Congress, as per information launched by the ECI.These entities are a part of the Keventer group, led by its flagship firm, Keventer Agro Ltd.The model Keventer was established by Swedish citizen Edward Keventer, who revolutionized dairy, notably scientific cattle breeding, diet, and pasteurized dairy milk. In 1986, Keventer Agro acquired the rights of Edward Keventer’s operations, as per the official web site of Keventer Agro.In 2010, Keventer Agro partnered with Parle Agro, manufacturing, packaging, advertising and marketing, and distributing Parle merchandise resembling Frooti, Appy Fizz, Bailley water, and Smoodh Chocolate.The second largest company donor for SP was Torrent Prescribed drugs Restricted, which offered three EBs every valued at Rs 1 crore. These EBs have been encashed on January 13, 2022, simply earlier than the UP meeting polls. This was adopted by MS Jugendra Singh and Firm, which donated Rs 21 lakh. These EBs have been additionally encashed on January 10, 2022.The celebration additionally obtained Rs 84 lakh in donations by way of 30 bonds, together with six bonds every valued at Rs 10 lakh, and 24 bonds every valued at Rs 1 lakh. All these have been encashed on April 18, 2019. Nevertheless, with the obtainable information produced by SBI, the donors couldn’t be matched.

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