Vedanta Extends Demerger Deadline to September 30 Amid Pending Approvals

Vedanta Ltd has announced an extension of the deadline for the demerger of its businesses from 31 March 2025 to 30 September 2025. The delay has been attributed to pending approvals from government authorities and the National Company Law Tribunal (NCLT). 

The demerger aims to create independent entities for Vedanta’s aluminium, oil & gas, power, and steel businesses, which are currently part of Vedanta Ltd, the Indian arm of UK-based Vedanta Resources.

Demerger and Shareholding Structure

Following the demerger, every Vedanta shareholder, both retail and institutional, will receive one new share in each of the newly demerged companies. However, there will be no change in the overall shareholding structure.

In a recent vote among shareholders and creditors, an overwhelming 99.5% voted in favour of the demerger, highlighting strong support for the company’s restructuring plan. Vedanta’s Chairman, Anil Agarwal, has expressed confidence in the long-term benefits of the demerger, envisioning each of the four newly demerged companies to potentially grow into a $100 billion entity.

“Vedanta’s unique and irreplaceable assets, sector-leading position, strong global management, and financial discipline will ensure a stronger growth trajectory and higher returns going forward. The tremendous potential value unlock that the demerger will bring has also been captured well by many top brokerages and leading analysts,” the letter said.

Financial Growth and Market Performance

Anil Agarwal, in his letter to shareholders, emphasised the strong financial performance of Vedanta over the past five years. He noted that investments in the company at the beginning of this period would have yielded returns of 4.7 times, driven by both capital appreciation and cash dividends. He also highlighted that Vedanta has delivered a dividend yield of 81% during this period, the highest among all its peers.

“Anyone who had invested in Vedanta at the start of the past five-year period would have seen their investments multiplying over 4.7 times to date, both through capital appreciation and cash dividends returned,” the letter stated.

Vedanta, which has been listed on Indian exchanges since 1998, will retain a 63.4% stake in Hindustan Zinc (HZL), an integrated producer of zinc and silver. Additionally, the company continues to contribute significantly to the Indian economy, accounting for approximately 1.4% of the nation’s GDP.

Vedanta Share Performance 

As of April 01, 2025, at 10:05 AM, Vedanta share price was trading at ₹464.60 per share, reflecting a surge of 0.26% from its previous closing price.

Conclusion

With the demerger now set for completion by 30 September 2025, Vedanta remains focused on unlocking shareholder value and strengthening its market position. The company’s robust financial track record, strategic restructuring, and optimistic growth projections indicate a promising future for all stakeholders involved. As regulatory approvals are secured, the demerger is expected to set the stage for long-term success and enhanced market valuation.

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.

IndiGo Receives ₹944 Crore Tax Penalty Order from Income Tax Department

InterGlobe Aviation Limited, the parent company of IndiGo, has recently been issued a significant tax penalty by the Income Tax Department.

Background of the Tax Dispute

InterGlobe Aviation Limited, the parent company of IndiGo, has recently been subjected to a substantial tax penalty imposed by the Income Tax Department. The penalty, amounting to ₹944.20 crore, pertains to the assessment year 2021-22 and has been issued under Section 270A of the Income Tax Act, 1961. 

The basis for this penalty appears to be a misinterpretation by the tax authorities regarding the status of an appeal previously filed by the company. According to the notice, the Income Tax Department erroneously concluded that the appeal before the Commissioner of Income Tax (Appeals) [CIT(A)] had been dismissed, whereas it remains active and pending adjudication.

Financial and Operational Implications

Despite the hefty penalty, InterGlobe Aviation has asserted that the order is erroneous and frivolous. The company has expressed confidence in its legal position and intends to challenge the order through appropriate legal channels. It has further clarified that the penalty does not significantly impact its financials, operations, or other business activities. Given the airline’s strong financial standing and legal strategy, the company is expected to address the issue without major disruptions to its operations.

InterGlobe Aviation Share Performance 

As of April 01, 2025, at 9:40 AM, InterGlobe Aviation share price was trading at ₹5,099.65 per share, reflecting a decline of 0.31%. The stock has shown an upside of 14.22% over the past month.

Conclusion

InterGlobe Aviation’s stance against the tax penalty underscores its confidence in legal recourse and financial stability. While the matter remains unresolved, the company has assured stakeholders that it does not foresee any major repercussions on its operations. As the legal process unfolds, further developments will determine the final outcome of this dispute.

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.

Where to Invest a ₹10 Lakh Gratuity or Life Insurance Maturity Payout to Beat Inflation

You’re a team leader working in a bustling metro city in India. Thanks to your stellar performance, you’ve just received a ₹10 lakh gratuity or bonus. But that’s not the only way a person may receive a lump sum. It could also come from a life insurance maturity payout, an inheritance, withdrawal of your provident fund, the sale of a property, or even a severance package. Some may also receive a windfall through employee stock ownership plans (ESOPs), or by completing a high-ticket freelance project.

Regardless of the source, one question remains—what should you do with this lump sum amount?

Letting it lie idle in a savings account may feel safe, but with inflation constantly chipping away at your money’s value, that’s not the wisest choice. Instead, you need an investment option that has the potential to generate inflation-beating returns over time.

Why Consider Mutual Funds?

Mutual funds, especially equity-oriented ones, offer the potential for higher returns compared to traditional saving schemes. While they do carry market-related risks, the long-term nature of equity investments often helps smoothen out short-term volatility.

For a ₹10 lakh investment, a well-diversified mutual fund portfolio can offer exposure to different sectors and market caps, helping to balance growth and risk.

The Power of Compounding: ₹10 Lakh Over 20 Years

Let’s break down the numbers. Suppose you invest the entire ₹10 lakh in mutual funds and the investment delivers a 12% annual return over a 20-year period. Lets Calculate how it works.

Here’s how it stacks up:

  • Invested Amount: ₹10,00,000
  • Estimated Annual Return: 12%
  • Duration: 20 years
  • Estimated Value After 20 Years: ₹96,46,293
  • Estimated Returns Gained: ₹86,46,293

This illustrates the immense power of compounding, especially when you stay invested for the long haul.

Flexibility and Professional Management

Mutual funds are managed by professional fund managers who continuously track and rebalance the portfolio based on market dynamics. Additionally, you can choose between different fund types—equity, debt, hybrid—depending on your risk appetite and financial goals.

For those who prefer lower risk, debt funds or hybrid funds might be more appropriate. On the other hand, individuals with a higher risk tolerance might explore small-cap or mid-cap funds.

Final Thoughts

Receiving a lump sum amount like ₹10 lakh is an opportunity to secure your financial future. While there are several investment options out there, mutual funds offer a balanced combination of growth, diversification, and inflation-beating potential.

Although past performance is not indicative of future results, the historical data points towards mutual funds being a strong contender for long-term wealth creation. Make sure to assess your risk profile and consult a financial advisor if needed before investing.

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.

5 Mutual Funds with Low Beta and High Alpha

When selecting mutual funds, many investors prioritise historical performance. However, understanding how a fund performs in relation to risk offers deeper insight. Two key metrics that help evaluate this are Beta and Alpha. This article  delves into the importance of these indicators and examines 5 equity mutual funds that display a favourable combination: low Beta and high Alpha.

5 Mutual Funds with Low Beta and High Alpha

Below are 5 equity mutual funds that exhibit a combination of low Beta and high Alpha:

Funds Beta Alpha NAV in ₹
HDFC Focused 30 Fund 0.76 10.91 243.41
HDFC Flexi Cap Fund 0.83 9.11 2026.35
HDFC ELSS Tax Saver Fund 0.83 8.33 1418.01
ICICI Prudential Large & Mid Cap Fund 0.85 7.88 1034.85
ICICI Prudential Value Discovery Fund 0.81 7.41 482.55

Note: NAVs are as of March 25, 2025

Understanding Beta: Measuring Volatility

Beta measures a fund’s sensitivity to market movements. A Beta of 1 implies the fund mirrors the market’s volatility. A Beta below 1 suggests the fund is less volatile than the broader index, such as the Nifty 50 or Sensex, and may be considered more stable. A Beta above 1 indicates greater fluctuation than the market, which could mean higher risk.

Understanding Alpha: Measuring Outperformance

Alpha represents the excess return a mutual fund generates over its benchmark, adjusting for risk. A positive Alpha points to value addition by the fund manager, signalling that the fund has delivered more than what its Beta would suggest. A negative Alpha, on the other hand, indicates underperformance.

Why Low Beta and High Alpha Matter

Funds with a low Beta are less likely to swing wildly with market changes, appealing to risk-conscious investors. When paired with a high Alpha, these funds not only offer potential stability but have also demonstrated a historical ability to outperform market expectations. This combination is especially appealing to those seeking long-term, risk-adjusted wealth creation without excessive exposure to volatility.

Important Considerations

While Alpha and Beta are useful tools in evaluating mutual funds, they are not without limitations:

  • Beta alone does not ensure stability: A fund may exhibit low Beta due to short-term market movements or anomalies, not necessarily reflecting long-term stability.
  • Alpha is based on historical performance: It offers no guarantee of future outperformance, especially in changing market conditions.

Thus, investors should use these metrics as part of a broader evaluation process, taking into account other factors like the fund’s portfolio, expense ratio, investment strategy, and consistency.

Conclusion

Assessing mutual funds through the lens of Alpha and Beta provides a nuanced understanding of risk and performance. While past performance is no assurance of future results, identifying funds with a track record of high Alpha and low Beta can be a step towards informed decision-making for those who value risk-adjusted returns.

Ready to watch your savings grow? Try our SIP Calculator today and unlock the potential of disciplined investing. Perfect for planning your financial future. Start now!

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. 

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

Top 2 Dividend Yield Mutual Funds: One-Time Investment of ₹10 Lakh Jumped Up to ₹45.47 Lakh

When investing, finding the right balance between growth and stability can be challenging. Growth-oriented funds may offer high returns but often come with higher volatility. On the other hand, conservative funds offer more stability but may fall short on returns.

Dividend yield mutual funds aim to bridge this gap. They invest in companies that consistently pay dividends, indicating strong financial health, while also offering potential for capital appreciation over the long term.

Why Consider Dividend Yield Mutual Funds?

These funds typically focus on well-established companies known for their profitability and commitment to shareholder returns. Such companies tend to distribute a portion of their earnings as dividends and also reinvest profits for future growth.

As a result, dividend yield funds provide a dual benefit: a steady stream of dividend income and long-term wealth creation through market appreciation.

2 Funds That Delivered Impressive Long-Term Returns

Let’s take a closer look at 2 dividend yield mutual funds that have significantly rewarded long-term investors. A one-time investment of ₹10 lakh in either of these funds 10 years ago would have grown more than fourfold:

 

Scheme Name AUM (Crore in ₹) Expense Ratio (%) Invested Amount in ₹ Current Value in ₹ 10 Year CAGR
ICICI Pru Dividend Yield Equity 4,574.55 0.68 10,00,000 45,47,044.1 16.34
Templeton India Equity Income 2,201.11 1.28 10,00,000 43,89,640 15.93

Data as of March 27, 2025. 

The performance reflects the strength of combining dividend-paying stability with long-term equity growth potential.

Conclusion

While all investments carry risk, dividend yield mutual funds offer an avenue for investors seeking income and growth in a single package.

As always, one should consider their financial goals, time horizon, and risk appetite before investing.

Want to plan regular withdrawals? Our SWP Calculator helps you calculate how much you can withdraw while keeping your investments intact. Try it now!

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. 

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

Startup Mahakumbh Unveils AI App for Networking and Mentoring

Startup Mahakumbh has introduced a new AI-powered mobile application to simplify engagement and communication at its 2025 event. The app is to support attendees – exhibitors, delegates, and visitors by offering features that make networking, mentorship, and session tracking more efficient.

Functionalities of the App

The application includes a range of tools to manage contacts, schedules, and resources:

  • QR Code Scanning for Leads: Attendees can scan a unique QR code to save the contact information of other participants. These leads can be exported to a user’s phone for follow-ups.
  • Chat and Meeting Scheduler: Users can view the list of attendees, initiate chats, and schedule meetings within the app interface.
  • Session Bookmarking and Notes: The app allows bookmarking of sessions, note-taking during events, and adding social media links to user profiles.
  • Live Streaming Access: Key sessions can be viewed live through the app, enabling remote participation.
  • AI-Powered Photo Retrieval: Through facial recognition, users can search and download event photos they appear.

Mentorship Feature

A mentorship module within the app connects participants with established professionals from the startup ecosystem. Confirmed mentors include:

  • Alok Mittal, Executive Chairman, Indifi Technologies
  • Chirag Gupta, Founder, 4700 BC
  • Dinesh Agarwal, Founder & CEO, IndiaMART
  • Kiran Chandra Kalluri, Partner, Dallas Venture Capital

Attendees can book up to two one-on-one mentorship sessions during the event.

Details and Scale

Startup Mahakumbh 2025 is scheduled from April 3 to 5, 2025. It will feature startups, unicorns, and soonicorns from 26 states and 14 countries. The event is supported by industry bodies including FICCI, ASSOCHAM, Nasscom, IVCA, and Bootstrap Advisory & Foundation, along with government and institutional partners like SIDBI, DPIIT, GEM, ECGC, and Startup India.

Conclusion

The app has been developed to support Startup Mahakumbh’s large-scale event operations, offering attendees a structured way to connect, schedule, and participate in sessions.

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.

Is It Possible to Reach a ₹3 Crore Goal in 10 Years with SIP?

SIPs have long been championed as a powerful tool for long-term wealth creation. But what happens when your financial goal is particularly ambitious—say ₹3 crore—and the timeline is just 10 years? Is such a target even feasible?

Let’s explore 2 hypothetical scenarios using the calculator to understand how realistic this objective might be, and what kind of monthly investment and return assumptions are required.

Scenario 1: High Returns, SIP of 80,000 

  • SIP Amount: ₹80,000 per month
  • Expected Rate of Return: 20% per annum
  • Investment Tenure: 10 years

Outcome:

  • Total Corpus: ₹3,05,89,084
  • Total Invested Amount: ₹96,00,000
  • Estimated Returns: ₹2,09,89,084

While this scenario successfully meets the ₹3 crore target, it rests on a rather optimistic return expectation of 20% per annum. Such high returns are difficult to sustain consistently over a decade, making this scenario less practical for the average investor.

Scenario 2: Realistic Returns, Higher Investment

  • SIP Amount: ₹1,08,000 per month
  • Expected Rate of Return: 15% per annum
  • Investment Tenure: 10 years

Outcome:

  • Total Corpus: ₹3,00,94,985
  • Total Invested Amount: ₹1,29,60,000
  • Estimated Returns: ₹1,71,34,985

This scenario brings the return expectations to a more achievable 15% per annum. However, to compensate for relatively lower returns, the monthly investment needs to be increased significantly. ₹1.08 lakh per month might not be feasible for every investor, but it paints a clearer picture of the commitment required for such a goal.

Conclusion

A ₹3 crore corpus in 10 years is possible through SIPs, but it demands either a very high return or a significant monthly contribution. While SIPs remain a disciplined approach to wealth accumulation, aligning your expectations with market realities is essential.

The examples above are purely illustrative and meant to provide a perspective on what it takes to reach an ambitious financial milestone within a time frame of 10 years.

Plan your SBI SIP investments better! Use our easy-to-use SBI SIP Calculator and estimate future returns with just a few clicks. Your financial growth starts here.

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. 

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

Trade Smart, Trade Safe: Introducing Simplified Stop Loss and Target Setup on Angel One

Controlling your trading risks shouldn’t feel like solving a jigsaw puzzle. If you’ve ever found Stop Loss (SL) and Target configurations too complicated, you’re not alone. At Angel One, we’ve listened and simplified the entire process. Now, setting Stop Loss and Target orders is quick, intuitive, and hassle-free—just the way it should be.

Why Managing Risk Matters

Trading without risk controls is like driving without brakes. While the excitement might be tempting, it can often lead to unexpected setbacks, missed opportunities, and shaken confidence. Consider this:

  • Sudden Market Shift: You’re in a favorable position, but before you can react, the market moves in the opposite direction, affecting your potential gains.

  • Overconfidence: Without a clear risk management plan, small losses can accumulate, impacting your trading journey.

This is why setting Stop Loss and Target levels is crucial. It gives you control, reduces stress, and ensures your trades are safeguarded against sudden market fluctuations.

The All-New Stop Loss & Target Setup on Angel One

We’ve reimagined the Stop Loss and Target setup to make it as seamless as placing an order. Here’s what’s new:

Set Stop Loss and Target Together

No more switching between screens. Set both levels from one streamlined interface, saving time and effort.

Predefined Options for Quick Decisions

Choose from predefined percentage levels like 5%, 10%, 15%, or 20%, or customize your SL and Target to align with your trading method. 

Example:  If you want to set a Stop Loss at 5%, simply select the option. The system will apply the selected risk parameters automatically. 

Available Directly from Positions Book

Manage risk right where you monitor your trades—no need for additional calculations or navigating to multiple screens.

OCO Orders for Smart Execution

The One Cancels the Other (OCO) feature ensures that if either your Stop Loss or Target condition is met, the other automatically cancels. No manual intervention is needed.

How It Works: Simple Steps to Set SL & Target

Here’s how you can start using this feature in just a few taps:

  1. Open the Positions Book in your Angel One app.
    Find the trade you want to manage and click on the Stop Loss (SL) or Target option.
  2. Set your desired levels:
    Use quick options like 2.5%, 5%, 10%, and 15%, or enter a custom percentage/price.
  3. Review your SL and Target setup.
  4. Click Confirm—and you’re done!

Angel One’s system will now manage  your risk parameters automatically—no extra steps or manual calculations required. 

How It Works

Let’s say you bought 50 shares of ABC Ltd at ₹100 per share. Here’s how you can manage your trade:

  • Stop Loss (SL): You decide to limit potential loss at 5%. Set your SL at ₹95.
  • Target: You want to set an exit price at ₹110.

If the stock reaches ₹110, the system executes the order accordingly. If it drops to ₹95, your Stop Loss triggers to manage risk. Thanks to OCO, the remaining order cancels automatically once one condition is met. No stress. No manual monitoring.

Why Traders Appreciate This Feature

Our new SL and Target setup is designed to:

  • Save Time – Set up SL and Target levels in seconds.
  • Reduce Stress – No need to constantly track the market; the system manages risk for you.
  • Boost Confidence – Trade with greater certainty knowing your risk management is in place.
  • Maximize Efficiency – A single screen, simple options, and automated execution let you focus on strategy, not complexity.

Ready to Trade with Confidence?

Don’t leave your trades unprotected. Start using the new Stop Loss and Target setup in the Angel One Positions Book today.

  • Minimize Risks with automated Stop Loss triggers.
  • Trade Smarter with seamless risk management tools.

Try it now and experience stress-free trading.

Disclaimer: Investments in securities markets are subject to market risks; read all related documents carefully before investing. This is for educational purposes only.

Income Tax Return 2025: Filing Dates, ITR Form Types, and How to File Online

As the financial year 2024-25 draws to a close, the focus shifts to filing Income Tax Returns (ITRs) for the Assessment Year 2025-26. Filing typically starts from April 1, 2025, and like every year, the Income Tax Department rolls out updated forms and utilities to streamline the process for both online and offline filers.

Here’s everything you need to know about ITR forms, who should use them, key deadlines, and how to file returns online.

Why Is Filing ITR Important?

Filing an Income Tax Return is not merely a statutory requirement—it is also an important financial document. An ITR serves as proof of income and tax paid, which can be helpful when:

  • Applying for home or personal loans
  • Getting visa approvals
  • Making high-value transactions
  • Carrying forward capital losses

Timely filing ensures transparency, financial discipline, and long-term benefits.

Types of ITR Forms: Which One Applies to You?

Each ITR form is designed for a specific category of taxpayer. Here’s a breakdown:

ITR-1 (Sahaj) – For Salaried Individuals with Simple Incomes

Who can use it?

  • Resident individuals with total income up to ₹50 lakh
  • Income from salary or pension
  • Income from one house property
  • Income from interest or other small sources

Who cannot use it?

  • Individuals with capital gains
  • Income from business or profession
  • Income from foreign assets

ITR-2 – For Individuals with High Income or Capital Gains

Who can use it?

  • Individuals with income over ₹50 lakh
  • Income from salary, more than one property, capital gains, or foreign assets
  • Agricultural income over ₹5,000

ITR-3 – For Professionals and Business Owners

Who can use it?

  • Individuals earning from business or profession (e.g. freelancers, consultants)
  • Those with capital gains from shares or investments
  • Partners in firms (excluding LLPs filing ITR-5)

ITR-4 (Sugam) – For Presumptive Income Taxpayers

Who can use it?

  • Individuals and HUFs under presumptive taxation
  • Total income up to ₹50 lakh
  • Small business owners and professionals (e.g. shopkeepers, cab drivers)

Who cannot use it?

  • Individuals with foreign assets
  • Income falling under specific exemptions

ITR-5 – For Partnership Firms and Trusts

Who uses it?

  • Partnership firms
  • LLPs (Limited Liability Partnerships)
  • Societies and trusts not filing under ITR-7

ITR-6 – For Companies

Who uses it?

  • Companies not claiming exemption under Section 11
  • This includes most companies other than charitable or religious institutions

ITR-7 – For Trusts, Political Parties, and Certain Institutions

Who uses it?

  • Charitable or religious trusts
  • Political parties
  • Scientific research institutions
  • Universities and colleges are not covered under ITR-5 or ITR-6

Important ITR Filing Deadlines for AY 2025–26

 

Category Last Date to File ITR
Individuals and firms not requiring an audit July 31, 2025
Businesses requiring an audit October 15, 2025
Businesses requiring a transfer pricing report November 30, 2025

 

How to File ITR Online: Step-by-Step Guide

Filing your Income Tax Return (ITR) online has become a simple and hassle-free process. Follow these steps to complete your return:

  • Step 1: Log In to the Portal

    • Visit the Income Tax e-Filing portal.
    • Log in using your PAN/Aadhaar number and password.

  • Step 2: Navigate to ‘File Income Tax Return’

    • Go to the ‘e-File’ section.
    • Select ‘File Income Tax Return’.
    • Choose the Assessment Year 2025–26.

  • Step 3: Choose the Correct ITR Form

    • Select the appropriate ITR form based on your income source.
    • The portal may suggest a form automatically for your convenience.

  • Step 4: Enter Required Information

    • Fill in personal details, income sources, deductions, and exemptions.
    • Review pre-filled data from Form 26AS and the Annual Information Statement (AIS).

  • Step 5: Verify Tax Calculation

    • Ensure accuracy in tax computation.
    • Check if there’s any additional tax liability or if you’re eligible for a refund.

  • Step 6: Submit and e-Verify Your ITR

    • Submit your ITR once all information is filled correctly.
    • Complete e-verification using one of the following:

      • Aadhaar OTP
      • Net banking
      • Digital signature

  • Step 7: Download Acknowledgement (ITR-V)

    • After submission and verification, download the ITR-V (Acknowledgement).
    • Save a copy for future reference.

Conclusion

While ITR filing might seem like an annual chore, it’s an essential part of financial planning and compliance. Selecting the correct form and filing before the due date can save you from penalties and streamline future financial transactions. Even if your income is below the taxable limit, filing a return can be beneficial in the long term.

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.

Adani Green Energy Wins 400 MW Solar Project from UPPCL

Adani Green Energy Limited (AGEL), one of India’s leading renewable energy companies, has been awarded a major solar project by the Uttar Pradesh Power Corporation Limited (UPPCL). The Letter of Award (LOA), received on March 27, 2025, was granted to AGEL’s wholly-owned subsidiary, Adani Renewable Energy Holding Twelve Ltd.

The contract enables the company to supply 400 megawatts (MW) of solar power to UPPCL over a 25-year period, further contributing to India’s efforts in expanding its renewable energy portfolio.

Project Details and Tariff Structure

The proposed solar energy will be generated through a grid-connected photovoltaic (PV) power project, which is planned to be developed in Rajasthan—a state known for its high solar irradiance and suitability for solar farms.

The tariff for this long-term agreement has been set at ₹2.57 per kilowatt-hour (kWh), a competitive rate in the Indian solar energy landscape. This fixed tariff is expected to provide cost predictability for UPPCL over the duration of the agreement.

Reinforcing Renewable Energy Commitments

Adani Green Energy stated in its exchange filing that this development aligns with the company’s broader vision to increase renewable energy capacity and accelerate India’s transition towards clean energy.

While the project adds to AGEL’s growing portfolio, it also supports Uttar Pradesh’s energy security and contributes to the national solar mission.

The company has clarified that neither the promoter nor the promoter group has any personal or financial interest in UPPCL, ensuring transparency in the deal.

Market Response and Stock Movement

As of 12:26 PM on March 28, 2025, Adani Green Energy share price was trading at ₹957.50, reflecting a modest 0.20% decline during the day. The stock has seen an 8% drop so far in 2025.

Conclusion

The awarding of this 400 MW solar project marks another milestone for Adani Green Energy as it continues to secure large-scale renewable energy contracts. While the financial markets may not have reacted strongly in the short term, the project adds strategic value to the company’s long-term growth in the clean energy 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.