Company Directory - Megha Engineering & Infrastructure Limited
Company Details - Megha Engineering & Infrastructure Limited
Megha Engineering & Infrastructure Limited
WebsiteGurgaon, India
Megha Engineering & Infrastructure Limited is engaged in the construction of critical infrastructure across various zones as part of the LPS layout. It focuses on delivering innovative engineering solutions for large-scale construction and infrastructure projects.
CCI Score
CCI Score: Megha Engineering & Infrastructure Limited
-57.79
0.04%
Latest Event
Megha Engineering Faces Legal and Political Controversies Amid Fraud Allegations
Megha Engineering & Infrastructure Limited is under intense legal scrutiny over allegations of fraud, corruption, and the use of substantial political donations and media investments. These practices raise serious concerns about the company's complicity in influencing political outcomes and shielding illicit activities from public oversight.
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QUISLING
Megha Engineering & Infrastructure Limited is currently rated as a Quisling.
Latest Events
- FEB142025
Megha Engineering & Infrastructure Limited is under intense legal scrutiny over allegations of fraud, corruption, and the use of substantial political donations and media investments. These practices raise serious concerns about the company's complicity in influencing political outcomes and shielding illicit activities from public oversight.
-80
Political Contributions and Lobbying Efforts
March 19
Megha Engineering’s significant political contributions via electoral bonds—totaling Rs966 crore with major donations to leading political parties—suggest a deliberate use of corporate funds to influence political policies. This behavior aligns with practices that may bolster authoritarian regimes by shaping policy decisions in favor of corporate interests.
-60
Executive Political Engagement
March 19
The involvement of top executives and board members in politically charged activities, as evidenced by their close ties and alleged political engagements, raises concerns over the company’s influence on policy making. Such behavior can subvert democratic processes and align corporate goals with authoritarian interests.
-70
Media Influence and Propaganda
March 19
The company’s strategic investment in TV9, a media platform, appears designed to control the dissemination of information and potentially obscure its fraudulent activities. This manipulation of media channels is a significant concern as it can facilitate the promotion of narratives that support authoritarian agendas.
-50
Regulatory Capture
March 19
Allegations of fraudulent bank guarantees and the questionable acceptance of these guarantees by regulatory bodies indicate a potential effort at regulatory capture. Such practices undermine the accountability of public institutions and contribute to undermining democratic oversight.
- JAN212025
MEIL and the Telangana government signed three MoUs worth ₹15,000 crore at WEF 2025, outlining plans for major infrastructure projects including a pumped storage project, a battery energy storage system, and a luxury wellness resort, with significant job creation. While the deals promote economic growth and labor opportunities, they also raise concerns about the potential for cronyism in public-private collaboration.
+15
Business Practices and Ethical Responsibility
March 19
The MoUs include significant investments that are projected to create thousands of jobs, which can improve labor conditions and contribute to broader economic development. From an anti-fascist perspective, job creation and improved labor practices are positive; however, large state contracts also bear the risk of fostering crony capitalism if not paired with strong worker protections.
+10
Economic and Structural Influence
March 19
MEIL's collaboration with the Telangana government on high-value infrastructure projects indicates active economic engagement. While the projects are aimed at boosting growth and employment, from an anti-fascist perspective, such large-scale public-private deals can also entrench state-business networks, potentially paving the way for regulatory capture or favoritism if adequate oversight is not maintained.
- APR132024
MEIL has been implicated by the CBI for bribing government officials in connection with major infrastructure projects. Additionally, its record as one of India’s biggest political donors, contributing around Rs 1,200 crores, raises serious concerns about the company’s use of financial power to unduly influence political processes.
-80
Political Contributions and Lobbying Efforts
March 19
MEIL is accused of bribing government officials, an act that not only violates ethical norms but also undermines democratic institutions. Coupled with its record as one of the largest political donors, this suggests a systematic use of financial influence to secure favorable governmental outcomes, a hallmark of complicity in authoritarian practices.
-60
Business Practices and Ethical Responsibility
March 19
The bribery allegations, along with a history of regulatory issues such as the 2019 Income Tax raids, highlight deeply problematic business practices. This unethical behavior compromises transparency and accountability in corporate operations, contributing to an environment that facilitates authoritarian influence.
- APR132024
MEIL is implicated in a high-profile bribery case involving a Rs 315 crore project and has made significant electoral bond donations to major political parties including BJP and BRS, raising concerns over its support for authoritarian practices.
-70
Public and Political Behavior
March 19
MEIL’s extensive electoral bond donations to political parties such as BJP—which are frequently associated with authoritarian policies—reflect a troubling level of corporate financial involvement in political processes. This behavior undermines democratic accountability and supports authoritarian tendencies.
CBI books Megha Engineering, officials of NMDC & MECON in Rs 315 crore corruption case
-60
Economic and Structural Influence
March 19
The involvement of MEIL officials in a corruption case, where bribery of significant sums was alleged in connection with a Rs 315 crore project, raises serious concerns. Such unethical financial practices contribute to economic collusion and reinforce structural corruption that can indirectly bolster authoritarian governance.
CBI books Megha Engineering, officials of NMDC & MECON in Rs 315 crore corruption case
- APR132024
The CBI has registered an FIR against Megha Engineering and Infrastructure Ltd for alleged bribery in securing a work contract and for its large political donations via electoral bonds, raising concerns about its role in fostering authoritarian influences through financial contributions.
-80
Public and Political Behavior
March 19
Megha Engineering & Infrastructure Limited has been implicated in serious allegations involving corruption and the donation of massive sums via electoral bonds to multiple political parties, including parties known for their authoritarian leanings such as the BJP. These actions raise significant concerns regarding the company’s political contributions and lobbying efforts, potentially facilitating influence over policy in favor of authoritarian practices. The bribery allegations further underscore unethical business practices that undermine democratic integrity.
CBI books officials of Megha Engineering and Infrastructure, Steel Ministry on corruption charge
- MAR312024
An FIR was filed against Megha Engineering and Infrastructure Ltd for alleged bribery in connection with a Rs 315-crore project, and the company has been reported as a major donor to political parties, notably donating about Rs586 crore to the BJP. These actions raise concerns about corporate practices that may be used to bolster authoritarian political influence.
-80
Political Contributions and Lobbying Efforts
April 14
Megha Engineering has been implicated in a bribery case related to the clearance of bills for major infrastructure projects while simultaneously donating very large sums to political parties, most notably Rs586 crore to the BJP. This pattern of behavior indicates an active use of financial influence that may support authoritarian practices, undermining democratic accountability.
- MAR312024
MEIL is under investigation after an FIR was filed by the CBI relating to alleged bribery in the Jagdalpur steel plant project, alongside substantial political donations of Rs 195 crore to BRS, Rs 85 crore to DMK, and Rs 37 crore to YSRCP. Such actions raise serious concerns about the company’s role in influencing political processes and engaging in corrupt business practices.
-70
Political Contributions and Lobbying Efforts
March 19
The company's large-scale political donations to multiple parties, including Rs 195 crore to BRS, are indicative of an intent to influence political outcomes and possibly support authoritarian tendencies. These donations, combined with the FIR and bribery allegations, undermine democratic accountability.
-50
Business Practices and Ethical Responsibility
March 19
The FIR and ensuing bribery allegations expose unethical business practices within MEIL, calling into question its corporate governance and accountability. This behavior contributes to a corrupt environment that supports authoritarian practices by undermining transparent and ethical business conduct.
- MAR222024
MEIL, a major infrastructure firm, has been implicated in extensive electoral bond donations totaling over Rs 1,200 crore between 2019 and 2023, contributing significantly to parties such as BJP, BRS, Congress, TDP, and YSRCP. These substantial financial contributions raise alarms about corporate support for political entities that may endorse authoritarian policies.
-80
Political Contributions and Lobbying Efforts
March 19
MEIL’s extensive use of electoral bonds to donate large sums to multiple political parties, including the BJP and BRS, highlights a deliberate strategy to influence political outcomes. Such financial influence in elections undercuts democratic accountability, fosters clientelist relationships, and supports parties with authoritarian tendencies. This activity is strongly indicative of corporate complicity in undermining democratic processes and facilitating the rise of authoritarian practices.
Hyderabad-based Megha Engineering top electoral bond contributor to BJP, Congress, BRS
- MAR222024
Megha Engineering and Infrastructure Limited made significant electoral bond purchases totaling Rs 966 crore, including a Rs585 crore donation to the BJP. The timing of these contributions close to major contract awards raises concerns over political influence and complicity in supporting authoritarian practices.
-60
Political Contributions and Lobbying Efforts
March 19
Megha Engineering’s sizable electoral bond purchases, particularly the Rs585 crore donation to the BJP, signal a deliberate strategy to influence political outcomes. Such financial maneuvers, undertaken near key project awards, suggest that the company is leveraging its political contributions to gain favorable conditions. This raises serious concerns about its role in bolstering authoritarian political forces, making it complicit in undermining democratic processes.
Megha Engineering electoral bond purchases close to bagging contracts for major projects
- MAR222024
MEIL made significant electoral bond purchases totaling Rs 966 crore, including substantial donations to the BJP and other political parties, raising concerns about its support for far-right and authoritarian political agendas.
-90
Political Contributions and Lobbying Efforts
March 19
MEIL's extensive use of electoral bonds, including a Rs585 crore donation to the BJP, demonstrates a deliberate effort to influence political outcomes in favor of parties that tend to support authoritarianism. This activity, occurring alongside other sizable political contributions, directly supports the rise of far-right ideologies.
Megha Engineering electoral bond purchases close to bagging contracts for major projects
- MAR212024
Megha Engineering & Infrastructure Limited (MEIL) donated ₹584 crore to the BJP via electoral bonds between April 2019 and January 2024, marking it as one of the largest donors to the ruling party. This financial support raises concerns about the company's complicity in bolstering authoritarian political agendas.
-80
Political Contributions and Lobbying Efforts
March 19
MEIL's donation of ₹584 crore to the BJP via electoral bonds is indicative of significant political influence that aligns with supporting an increasingly authoritarian regime. The use of electoral bonds obscures transparency, undermining democratic accountability and enabling potential manipulation of political processes. Such actions contribute to the rise of fascism by financially empowering political entities known for authoritarian practices.
- MAR152024
Megha Engineering & Infrastructure Limited has donated Rs 1,200 cr via electoral bonds, raising significant concerns about corporate influence and the opaque financing of political campaigns, which can undermine democratic accountability.
-70
Political Contributions and Lobbying Efforts
March 19
The company's donation of Rs 1,200 cr through electoral bonds, a mechanism known for its lack of transparency, directly contributes to the financing of political campaigns without public accountability. This act amplifies corporate influence in the electoral process and potentially supports authoritarian tendencies by providing covert support to political entities. Such actions are deeply problematic from an anti-fascist perspective as they facilitate the erosion of democratic norms.
Electoral bonds: Megha Engineering donates Rs 1,200 cr; 2nd highest overall
- JAN012024
Megha Engineering has been identified as the second-largest buyer of electoral bonds, suggesting that its significant financial contributions to political campaigns may be bolstering authoritarian influences in the political landscape.
-70
Political Contributions and Lobbying Efforts
March 19
The article highlights that Megha Engineering, linked to MEIL, is the second-largest buyer of electoral bonds. This behavior of channeling significant funds into political contributions is viewed negatively from an anti-authoritarian perspective, as it may support political figures or parties that undermine democratic checks and balances.
- APR012023
Megha Engineering & Infrastructure Ltd has been a major donor in India's electoral bond scheme, contributing a cumulative Rs 1,232 crore between 2019 and 2023, including a notable Rs 140 crore donation in April 2023. Such contributions support opaque political financing mechanisms, raising concerns about their role in enabling authoritarian practices.
-40
Political Contributions and Lobbying Efforts
March 19
Megha Engineering & Infrastructure Ltd has been one of the highest donors through the electoral bond scheme, with donations amounting to Rs 1,232 crore over several years. The opaque nature of these contributions helps to fuel political influence and undermines democratic accountability, aligning the company with practices that support authoritarian tendencies.
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Industries
- 236220
- Commercial and Institutional Building Construction
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- Oil and Gas Pipeline and Related Structures Construction
- 237310
- Highway, Street, and Bridge Construction
- 237990
- Other Heavy and Civil Engineering Construction