Ownership graph
Mahindra & Mahindra and related entities; New Democratic Electoral Trust is the group’s electoral-trust conduit in recent disclosures.
3 entities · 2 links · 1 not openly branded · 2 sourced edges · avg confidence 89%
Mapped companies & vehicles
₹130.6 Cr
40 rows · excludes trust books
Linked electoral trusts
₹1806.5 Cr
Conduit totals — do not add to company sum
Top party from mapped companies
Bharatiya Janata Party
₹31.8 Cr
Through FY 2023–24 (bonds era): ₹42.6 Cr · After: ₹88.0 Cr · Top entity share 100% · Top-5 entities 100%
Aggregated from mapped company/shell donor keys (trust books excluded).
2004-05 → 2024-25
Channels are separate disclosure regimes — not one comparable pool.
Electoral trusts
₹88.0 Cr
1 rows
Electoral bonds
₹25.0 Cr
25 rows
Contribution reports
₹17.6 Cr
14 rows
Average edge confidence 89% · 0% of edges are weaker grades (media alleged / address / director overlap).
Width ∝ disclosed amount · amber outline = not openly branded
Totals from matched donor keys. Parent links come from the ownership edge.
New Democratic Electoral Trust
trust · not openly branded
₹1806.5 Cr
20 rows
Mahindra & Mahindra Limited
listed parent · parent: Mahindra family promoter group (controlled by)
₹130.6 Cr
40 rows
Aggregated from mapped companies and quiet vehicles (trust books excluded).
Trust figures are conduits. They are not added into the company total above.
Donors tagged with this groupKey but not yet linked to an ownership entity — candidates to add to the seed map.