Most companies purchasing electoral bonds on multiple occasions did not consistently support a single party, a Mint analysis of the data released by the Election Commission of India showed. The Bharatiya Janata Party (BJP) led with over 40 repeat corporate donors demonstrating loyalty, followed by the All India Trinamool Congress (AITC) with 16.

       This analysis defines loyal donors as companies that donated more than once—and each time to the same party. Among such donors, the one with the most purchases was Kolkata-based Ripley & Co. Stevedoring & Handling Pvt Ltd, whose seven donations were all encashed by the AITC. In terms of donation value, DLF Commercial Developers topped the list with five contributions to the BJP, amounting to ？130 crore.

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