Evren, an Indian renewable energy platform launched by Brookfield in partnership with Axis Energy, has signed a 300 MW Power Purchase Agreement (PPA) with NTPC, a government-owned power company. This agreement is focused on delivering reliable and scheduled renewable energy.

Details of the Renewable Energy Project

The project will involve setting up around 1 GW of total capacity using a mix of solar, wind and battery storage. The goal is to supply 300 MW of Firm and Dispatchable Renewable Energy (FDRE), which ensures steady energy delivery even during peak usage hours.

Benefits for Power Distribution Companies

By combining different renewable sources with energy storage, the project will help electricity distributors manage demand more effectively. It also supports them in fulfilling their renewable energy usage targets and storage requirements.

Evren’s Vision and Future Plans  

Evren’s CEO, Suman Kumar, stated that this agreement is a key achievement for the company. He highlighted their ongoing investment in strong resources like approved connections and land with detailed data, which will help deliver large-scale clean energy solutions and support India’s transition to renewable energy.

 

Read More: NTPC, NTPC Green Announces Mega Investment of ₹96,000 Crore for Major Energy Projects in Chhattisgarh

Share Performance 

As of April 22, 2025, at 11:10 AM, NTPC share price is trading at ₹363.65 per share, reflecting a decline of 0.25% from the previous day’s closing price. Over the past month, the stock has declined by 0.90%. The stock’s 52-week high stands at ₹448.45 per share, while its low is ₹292.80 per share.

Conclusion

The partnership between Evren and NTPC marks a key advancement in India’s journey towards sustainable energy. By blending different renewable sources with advanced storage solutions, the project is set to improve energy reliability and help meet green energy targets, showing a promising future for India’s power sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Coal India Limited (CIL) and Damodar Valley Corporation (DVC) have signed a Memorandum of Understanding (MoU) to jointly explore new power project opportunities. 

Purpose of the MoU

The MoU aims to set up 2×800 MW Ultra Supercritical power units at the Chandrapura Thermal Power Station (CTPS) in Jharkhand with an investment of ₹16,500 crore. The project is an expansion of the existing 500 MW Chandrapura Thermal Power Station. This will be a brownfield expansion, meaning it will be built at the existing power plant site.

 

The joint venture would operate on a 50/50 equity split, with coal for the planned power plants sourced from nearby Bharat Coking Coal Ltd and Central Coalfields Ltd, subsidiaries of CIL.

Future Plans Under the MoU 

Apart from the Chandrapura project, CIL and DVC will also explore other joint opportunities to develop both Thermal and Renewable Energy projects. These may include energy storage systems as well.

About the Companies 

Coal India Limited is a government-owned company and the largest coal-producing company in the world. It plays a vital role in meeting India’s energy needs by supplying coal to various sectors, especially power generation. CIL focuses on increasing coal production, improving efficiency and supporting the country’s energy security.

 

Damodar Valley Corporation is a government-run organisation involved in power generation, transmission and distribution. It operates mainly in the Damodar Valley region and manages thermal and hydro power plants. DVC is also engaged in water management, flood control and irrigation, making it a key player in both energy and regional development.

 

Read more: Coal India Forms JV with GAIL to Enter Synthetic Natural Gas Sector

Coal India Share Performance 

As of April 22, 2025, at 10:30 AM, Coal India share price is trading at ₹401.35 per share, reflecting a decline of 0.21% from the previous day’s closing price. Over the past month, the stock has declined by 1.15%. The stock’s 52-week high stands at ₹543.55 per share, while its low is ₹349.25 per share.

Conclusion

The signing of this MoU reflects a shared commitment by CIL and DVC to strengthen energy infrastructure and address the rising electricity needs of the DVC valley region. By planning both thermal and renewable projects, this collaboration sets the stage for long-term sustainable power development. 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Housing and Urban Development Corporation Limited (HUDCO) has been allowed to raise funds by issuing Zero Coupon Bonds worth ₹5,000 Crores.

Key Features of the Bonds

• Name of Bond: Ten Year Zero Coupon Bond  
• Tenure: 10 years and 1 month  
• Issue Deadline: On or before 31st March 2027  
• Maturity Amount: ₹5,000 Crores  
• Discount Amount: ₹2,351.49 Crores  
• Total Bonds: 5,00,000 units  

Use of Funds

The money raised through these bonds must be used only for infrastructure projects. These projects should be able to repay the debt from their own earnings and should not depend on the State Governments for repayment.

 

Infrastructure refers to sectors listed in the Harmonised Master List prepared by the Department of Economic Affairs. This includes all current and future updates to the list.

About Housing and Urban Development Corporation Limited

Housing and Urban Development Corporation Limited is a government-owned company that provides financial assistance for housing and urban infrastructure projects in India. It plays a key role in supporting affordable housing, urban development and infrastructure growth across the country.

 

Read More: Hudco Share Price Jump Over 6% After Signing ₹1.5 Trillion MoU with MMRDA

Share Performance 

As of April 22, 2025, at 11:35 AM, Housing and Urban Development Corporation Limited share price is trading at ₹238.96 per share, reflecting a surge of 1.92% from the previous day’s closing price. Over the past month, the stock has surged by 14.27%. The stock’s 52-week high stands at ₹353.70 per share, while its low is ₹158.85 per share.

Conclusion

This bond issue by HUDCO is a major step towards boosting infrastructure development in India. By focusing on self-sustaining projects, it promotes responsible borrowing and reduces dependency on state funding.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

HG Infra Engineering Limited has been declared a qualified bidder by Gujarat Urja Vikas Nigam Ltd (GUVNL) for the development of a standalone battery energy storage system in Gujarat. The project involves a capacity of 300 MW/600 MWh out of a total of 500 MW/1000 MWh under the Phase-VI round of tariff-based global competitive bidding.

Contract Terms

The project is domestic in nature. It is expected to be executed within a 24 month period. The order pertains to battery storage infrastructure and does not involve any related party transactions. There is no promoter group interest in the awarding entity.

Disclosure and Regulatory Compliance

The company made the announcement through a formal intimation to the stock exchanges on April 21, 2025. The communication was in line with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements. As per insider trading rules, the trading window for designated persons and their immediate relatives remains closed until 48 hours after the announcement of audited financial results for the quarter and year ending March 31, 2025.

Read More: HG Infra Sells 100% Equity in Rewari Bypass to Highways Infrastructure Trust!

Order Book

As of December 31, 2024, HG Infra’s order book stood at ₹15,080 crore, nearly three times its FY24 revenue. Of the total order book, 94% comprises government projects, while the remaining 6% is from the private sector.

During Q4 FY25, the company secured additional orders worth ₹2,195 crore. HG Infra expects 35-40% of upcoming orders over the next two to three years to come from non-road infrastructure sectors. It is targeting new project wins worth ₹10,000-12,000 crore in FY26.

Stock Price Performance

As of 12:19 PM on April 22, 2025, HG Infra Engineering share price was trading at ₹1,151.40, up 1.11% for the day, down 13.72% over the past six months, and up 8.94% over the past year. Over the last seven days, the stock has gained 12%, outperforming the Nifty 50 index, which saw an 8% increase during the same period.

Conclusion

HG Infra continues to participate in large-scale infrastructure bids, including energy-related segments, alongside its existing portfolio.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Maithan Alloys Limited has signed an agreement to acquire 80% equity shares of Goldtree Impex Private Limited. The acquisition is valued at ₹0.02 crore and is expected to be completed by May 15, 2025. The payment will be made in cash. The company confirmed that no regulatory approvals are required for this transaction.

As of 12:12 PM on April 22, 2025, Maithan Alloys share price was trading at ₹933.35, up 1.41% for the day, but down 6.89% over the past six months and 18.85% over the past year.

Details of the Target Company

Goldtree Impex is an unlisted private company incorporated in India. It is engaged in the trading of industrial goods and has recently expanded its operations into the metal, mining, and real estate sectors. As of March 31, 2024, the company reported a turnover of ₹0.03 crore, a net loss of ₹0.01 crore, and a net worth of zero. The entity had no turnover in the financial years 2022-23 and 2023-24. Its last reported revenue was ₹0.38 crore in 2021-22.

Structure of the Acquisition

The acquisition is to allow Maithan Alloys to explore growth opportunities in sectors such as metal, mining, and real estate. Although the business activities of Goldtree Impex are not central to Maithan Alloys’ core operations, the company stated that the shares would be acquired as part of its investment portfolio. 

The transaction falls under the category of a related party acquisition. However, no direct interest from the promoter or promoter group in Goldtree Impex has been disclosed.

Compliance and Timeline

The disclosure regarding the acquisition was made under Regulation 30 of SEBI (LODR) Regulations, 2015. The agreement was executed on April 21, 2025, and the filing was submitted within the mandated 12-hour disclosure period. The acquisition is expected to be completed on or before May 15, 2025.

Read More: Maithan Alloys Diversifies Portfolio with Strategic Acquisitions in the Defence Sector!

Conclusion

Maithan Alloys is proceeding with a low-value, majority-stake acquisition of Goldtree Impex as part of its ongoing investment activity in adjacent sectors within India.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

The share price of Hyundai Motor India Ltd. witnessed a notable movement as the company’s shareholder lock-in period officially ended. This marks a significant milestone for what is still the largest Initial Public Offering (IPO) in Indian history.

As of 2:08 PM on Monday, the stock had recovered from an intraday low of ₹1,647.10 and was trading up by 1.35%, reflecting investor interest and market anticipation around the unlocked shares.

Nearly 51 Crore Shares Now Eligible for Trading

According to reports, a total of 50.78 crore shares—amounting to an estimated $9.79 billion—have now become eligible for trade as the six-month and beyond lock-in period for certain shareholders has concluded. This development significantly increases the free float of the stock in the open market.

Lock-in periods typically restrict early investors or insiders from selling their shares for a specific time following an IPO, ensuring market stability. The release of such a large number of shares into the market often leads to heightened trading volumes and can influence price movement depending on demand and supply dynamics.

Shareholding Pattern: December Quarter Snapshot

While the shareholding pattern for the quarter ending March 2025 is yet to be disclosed, data from the December 2024 quarter offers insights into the investor landscape:

• Domestic Mutual Funds held a 5.1% stake.

• Life Insurance Corporation (LIC), India’s largest insurer, held a 1.21% stake.

• Foreign Portfolio Investors (FPIs) collectively held a 6.7% stake.

• Retail Investors—defined as those with investment value up to ₹2 lakh—held 3.22% across 12.4 lakh shareholders.

This distribution highlights a wide investor base, comprising both institutional and retail participants.

Read More: What Is The Lock-In Period In An IPO?

Promoter Holding Remains Above Regulatory Threshold

Despite the unlocking of a substantial volume of shares, Hyundai Motor India’s Korean promoters continue to hold 82.5% of the company. This is comfortably above the 75% threshold mandated under the Minimum Public Shareholding (MPS) norms laid out by the Securities and Exchange Board of India (SEBI).

The MPS norms require all listed companies to maintain a minimum public shareholding of 25%, ensuring adequate liquidity and retail participation in the market.

Conclusion 

As the market adjusts to the increased float, all eyes will be on Hyundai Motor India’s next shareholding disclosure, which is expected to offer deeper insights into how the investor mix may have changed post lock-in expiry. While the long-term implications are yet to unfold, the immediate response in the stock price indicates investor confidence in the company’s outlook.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Sellwin Traders Limited has officially announced the grand opening of its first domestic retail outlet, as per the disclosure submitted under Regulation 30 of SEBI (LODR) Regulations, 2015. This move marks a significant milestone in the company’s journey, transitioning from a distribution-centric model to a direct-to-consumer retail presence.

Positive Movement in Share Price

As of 1:46 PM on April 21, 2025, share price of Sellwin Traders Ltd. was up by 5%, reflecting a favourable market reaction to the company’s strategic shift towards domestic retail expansion. 

About the Brand: Maajghar – A Culinary Heritage

The newly launched outlet is set to spotlight the company’s signature brand, Maajghar. Rooted in the ethos of traditional Indian food culture, Maajghar is more than just a label—it’s a fourth-generation legacy. Inspired by an ancestral cookbook titled “Maajghar Traditional Food Culture of Bharat”, the brand aspires to bring age-old culinary secrets to modern households.

Maajghar aims to connect Indian families with authentic flavours and nostalgic aromas that are deeply woven into the country’s cultural fabric. From sweet memories of childhood summers to the healing properties of natural ingredients, the brand tells a story in every product.

Read More: Sellwin Hits Upper Circuit on Jan 20 After a Key Development

Key Product Highlights

The retail outlet will showcase a curated selection of Maajghar’s offerings, which have been crafted using traditional techniques and natural farming practices. These include:

100% Pure Turmeric Powder

Cultivated using organic methods, this turmeric boasts a high curcumin content—clinically linked with anti-inflammatory, antibacterial, and antioxidant benefits.

100% Pure Jamun Honey

Sourced from the nectar of Jamun flowers, this honey features a distinctive taste that blends sweet, sour, and mildly bitter notes.

100% Pure Jaggery Powder

A healthier alternative to refined sugar, this chemical-free jaggery retains essential minerals, making it both nutritious and flavourful.

Tea Masala Powder

An aromatic blend of traditional Indian spices like cardamom, cinnamon, and ginger that adds comfort and depth to every cup of chai.

Alphonso Mango Pulp

Harvested in Maharashtra’s Konkan region, this pulp encapsulates the richness of handpicked Alphonso mangoes known for their exceptional sweetness and fragrance.

A Broader Vision for Domestic Markets

While Sellwin Traders has long been involved in trading and distribution, this step towards a physical retail outlet signals a shift in strategic focus. The Maajghar brand, with its emphasis on heritage, authenticity, and natural ingredients, offers the company a unique proposition in the growing Indian health and organic food segment.

The launch also reflects broader consumer trends—especially a rising interest in wellness products and traditional food wisdom revived for contemporary lifestyles.

Conclusion

Sellwin Traders Limited’s foray into the domestic retail landscape through the Maajghar brand represents both a business transformation and a cultural homage. It blends the legacy of Indian culinary traditions with the convenience of modern retail, offering consumers access to thoughtfully crafted, heritage-inspired food products.

This development, formally announced to BSE, signifies the company’s evolving journey towards building a stronger consumer-facing identity, underpinned by authenticity, tradition, and trust.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.