Reliance-linked Qwik Supply third largest electoral bond buyer; Reliance says co not its subsidiary

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Total of 22,217 electoral bonds purchased from Apr 1, 2019 to Feb 15, 2024: SBI to SC



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 like Jamnagar Kandla Pipeline Company Private Limited.Jamnagar Kandla Pipeline is registered in Ahmedabad at an address shared by some other Reliance companies, such as Reliance Paging Private Limited, Jamnagar Ratlam Pipeline Private Limited, Reliance Tankages Private Limited and Reliance Oil and Petroleum Private Limited.Vipul Pranlal Mehta has been a director on the board of Qwik since December 10, 2019.He is also a director of eight other companies including one called Rel Icons and Traders Private Limited.Sridhar Titti is the most recently appointed director, joining the board on November 27, 2023.A Reliance Industries spokesperson in response to a detailed questionnaire, said: “Qwik Supply Chain Pvt Ltd is not a subsidiary of any Reliance entity.”Nexg Devices Pvt Ltd, a firm linked to Surender Lunia, purchased Rs 35 crore worth of electoral bonds in May 2019 and November 2022.Another firm linked to him, Infotel Business Solutions bought electoral bonds worth Rs 15 crore in May 2019.He was the one who sold a 29.18 per cent stake in NDTV held by Reliance-linked firms to the Adani Group.



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