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Home » Reliance-linked Qwik Supply gave Rs 385 cr to BJP, Rs 25 cr to Shiv Sena
NATION

Reliance-linked Qwik Supply gave Rs 385 cr to BJP, Rs 25 cr to Shiv Sena

AgencyBy AgencyMarch 22, 2024No Comments
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Qwik Supply Chain Private Ltd, a little-known company with a registered address at Navi Mumbai’s Dhirubhai Ambani Knowledge City (DAKC) and having links to Reliance Industries, gave Rs 395 crore to the BJP and Rs 25 crore to the Shiv Sena, data uploaded by the Election Commission showed Thursday.

Qwik Supply, the third largest donor to political parities using electoral bonds, bought Rs 410 crore bonds between 2021-22 and 2023-24, and gave all but Rs 25 crore to the BJP. The amount of Rs 25 crore was given to the Shiv Sena in 2022.

The company, which is described as a manufacturer of warehouses and storage units, gave no money any other political party, the data uploaded by the Election Commission showed.

The firm had a revenue of over Rs 500 crore in 2022-23 (April 2022 to March 2023) but profit numbers were not known.

It bought electoral bonds worth Rs 360 crore in 2021-22 to give away to political parties. In the same year, its net profit was only Rs 21.72 crore. It bought another Rs 50 crore worth of bonds in 2023-24.

The company has three directors, and one reported key management personnel.

The longest-serving director currently on board is Tapas Mitra — who incidentally also sits on the board of 25 other companies — was appointed on November 17, 2014.

Mitra is a director of partnership firms such as Reliance Eros Productions LLP and companies such as Jamnagar Kandla Pipeline Company Pvt Ltd.

Reliance-linked Qwik Supply gave Rs 385 cr to BJP Rs 25 cr to Shiv Sena
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