India’s Renewable Energy Surge: Check 2025 Outlook and Government Steps

India’s renewable energy sector is rapidly transforming, and 2024 marked an exceptional year in this transition. With a growing commitment to sustainability and green energy solutions, India continues to make waves in the global energy landscape. By 2030, the country aims to achieve 500 GW of non-fossil fuel-based energy capacity—a monumental goal that solidifies its position as a clean energy leader.

2024: A Year of Record Growth in Renewable Energy

India witnessed remarkable achievements in solar and wind energy installations in 2024. The country added a record 24.5 GW of solar capacity and 3.4 GW of wind capacity, marking a more than twofold increase in solar installations and a 21% rise in wind capacity compared to the previous year. These numbers showcase a strong push towards clean energy adoption, backed by government incentives, reforms, and growing investments in renewable energy infrastructure.

Solar Energy: Dominating the Growth Curve

Solar energy was the star performer in India’s renewable energy sector. By the end of 2024, solar power contributed 47% of the total installed renewable energy capacity. A significant chunk of this growth came from utility-scale solar projects, with 18.5 GW of capacity installed—nearly a 2.8x increase from 2023.

The rooftop solar market also saw impressive growth, with 4.59 GW of new capacity added, reflecting a 53% increase over the previous year. Key to this growth was the launch of the PM Surya Ghar: Muft Bijli Yojana in 2024, which enabled 7 lakh rooftop solar installations in just 10 months.

Wind Energy: A Steady Contributor

In wind energy, India added 3.4 GW of new capacity in 2024. Gujarat, Karnataka, and Tamil Nadu emerged as the top contributors, accounting for 98% of the new wind capacity installations. As these states continue to lead in wind power generation, the wind energy sector remains a key component of India’s renewable energy landscape.

Government Steps Driving Renewable Energy Growth

India’s renewable energy growth can largely be attributed to the proactive policies and financial support extended by the government. A few key developments in 2024 have significantly shaped the country’s energy transition:

  1. Green Hydrogen Push: The Indian government has been actively promoting green hydrogen as a critical part of its energy strategy. Policies focused on reducing the costs of green hydrogen production and attracting investments are creating a solid foundation for the sector’s growth.
  2. Manufacturing Expansion: India has placed a strong emphasis on expanding its domestic manufacturing capacity for solar panels and wind turbines. This move not only supports the country’s clean energy goals but also positions India as a potential global hub for renewable energy manufacturing, reducing its reliance on imports and fostering local job creation.
  3. Grid Infrastructure Development: To manage the increasing renewable energy capacity, significant investments are being directed toward upgrading the country’s grid infrastructure. The Ministry of New & Renewable Energy (MNRE) has proposed substantial investments in inter-state transmission systems to evacuate power from renewable-rich states like Rajasthan, Gujarat, and Madhya Pradesh.

Renewable Energy Outlook for 2025

Looking ahead to 2025, India’s renewable energy sector is poised for continued growth. The country has laid a solid foundation with the achievements of 2024, but there are still several challenges to address. Key areas of focus for 2025 will include:

  • Tackling Regulatory and Financial Hurdles: While India’s RE sector has made impressive strides, addressing regulatory bottlenecks and enhancing financial models for large-scale projects will remain critical. More clarity on policy frameworks and increased support for project financing can further boost investor confidence.
  • Innovation and Emerging Technologies: India’s energy transition will benefit from embracing emerging technologies such as offshore wind, energy storage solutions, and green hydrogen. Continued investment in research and development will be key to staying ahead in the global clean energy race.
  • Energy Access and Rural Development: With a continued emphasis on rooftop solar and off-grid systems, India’s rural areas will experience enhanced energy access, empowering communities and improving livelihoods.

Conclusion

India’s renewable energy story is one of remarkable growth and progress. By 2025, India aims to have a more robust renewable energy sector, with continued growth in both solar and wind installations. The country is on track to meet its ambitious renewable energy targets, with 217.62 GW of non-fossil fuel-based energy capacity already in place as of January 2025. With continued momentum, 2025 could be another milestone year for India’s renewable energy transformation.

 

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.

Paras Defence Shares Zoom Over 4% After Signing ₹12,000 Crore MoU With Maharashtra Government

On January 23, 2025, shares of Paras Defence saw a notable rise of over 4%, reaching a day high of ₹1,092.90 at 9:50 AM after opening at ₹1,060.00. This increase in share price followed the company’s announcement of a significant development. The gains in Paras Defence share price came after the company revealed that it had signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, India. This MoU is in relation to the proposed Optics Park Project in Navi Mumbai, Maharashtra.

Details of the Optics Park Project

The Optics Park Project is set to begin in 2028. Upon allocation of land and the approval of necessary subsidies by the Government of Maharashtra, Paras Defence plans to invest approximately ₹12,000 crores in the project over the next 10 years. Once completed, the Optics Park is expected to generate around 2,000 direct employment opportunities. The project has the potential to become India’s first dedicated Technology Hub for Optics and Optical Technologies, signalling significant growth in this specialised sector.

Government Support and Facilitation

The Government of Maharashtra has committed to assisting Paras Defence by facilitating the necessary permissions, registrations, approvals, clearances, and fiscal incentives from relevant departments. This support will be provided in accordance with the existing policies, rules, and regulations of the State Government.

Paras Defence Earlier Business Updates

  • On January 7, 2025, Paras Defence and Space Technologies Limited notified the market about receiving a License under the Arms Act, 1959, which allowed the company to manufacture MK-46 and MK-48 Belt-fed Light Machine Gun (LMG) – Modernised Enhanced and Redefined LMG with a proposed annual capacity of 6000 nos each.
  • Paras Defence commenced its advanced, state-of-the-art optical systems testing facility in Navi Mumbai, which will be the most advanced center for research and development of hyperspectral and other optical systems for Space & Defence in 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.

EPFO Payroll Data for November 2024: New Member Rose ~17%

The Employees’ Provident Fund Organisation (EPFO) has unveiled the provisional payroll data for November 2024, highlighting a notable increase in membership. During the month, EPFO recorded a net addition of 14.63 lakh members, indicating a 9.07% rise against October 2024. This growth indicates not only an expanding job market but also the effectiveness of EPFO’s outreach efforts aimed at increasing awareness about employee benefits.

Key Insights from EPFO Payroll Data

New Membership

In November 2024, EPFO welcomed around 8.74 lakh new members, a significant 16.58% jump from October 2024. This is also 18.80% higher than November 2023, underscoring the growing awareness of EPFO’s services and the expanding job market. The rising number of new memberships points to an increasing inclination among workers to secure long-term financial benefits through EPFO.

Youth Dominates New Membership

A standout trend is the dominance of the 18-25 age group in new membership additions. With 4.81 lakh new members in this age group, it accounted for nearly 55% of the total new memberships in November. This group showed a 9.56% increase from October 2024 and a 13.99% growth from November 2023. These figures reflect the trend of youth entering the formal workforce, primarily first-time job seekers.

Rejoined Members

The data also reveals that approximately 14.39 lakh members exited and rejoined EPFO during the month, marking an 11.47% increase from October 2024 and a substantial 34.75% rise compared to November 2023. This trend suggests that many workers are switching jobs but opting to transfer their EPF balances rather than withdrawing them, ensuring their long-term financial security.

Growth in Female Membership

Female participation in the workforce continues to rise, with 2.40 lakh new female members joining EPFO in November 2024. This represents a 14.94% increase from October 2024 and a 23.62% increase from the previous year. The net addition of female members stood at 3.13 lakh, marking a 12.16% month-on-month growth and an 11.75% increase from November 2023. This rise indicates a shift toward a more inclusive and diverse workforce.

State-wise Member Addition

On a state-by-state basis, the top five states and union territories contributed to 59.42% of the net member additions in November 2024. Maharashtra led the pack, contributing 20.86% of the total, followed by Karnataka, Tamil Nadu, Haryana, Gujarat, Delhi, Telangana, and Uttar Pradesh, each adding over 5% of the total net members.

Industry Trends

Industry-wise, significant growth was observed in sectors such as societies, clubs, and associations, engineering contractors, textiles, garment making, and various forms of mechanical and general engineering. Notably, expert services, including manpower suppliers, contractors, and security services, accounted for nearly 39% of the net membership additions during the month.

Conclusion

It is important to note that this payroll data is provisional. The EPFO continues to update member records, and previous data is revised monthly. This continuous data refresh allows for more accurate and up-to-date figures, with adjustments made for employee exits, re-entries, and modifications in the monthly reports.

Since April 2018, EPFO has been releasing detailed payroll data, covering the period from September 2017 onwards. This data provides a clearer picture of trends in member additions, re-entries, and withdrawals, all of which contribute to the net payroll figures for each month.

 

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.

Bandhan MF Filed Draft SID with SEBI for Bandhan Nifty Next 50 Index Fund

Bandhan Mutual Fund (formerly IDFC Mutual Fund) has filed the draft scheme information deed (SID) with the capital market regulator for Bandhan Nifty Next 50 Index Fund. Bandhan AMC Limited (formerly IDFC Asset Management Company Limited) intends to launch Bandhan Nifty Next 50 Index Fund, which is an open‐ended scheme tracking Nifty Next 50 Index.

Objective of Bandhan Nifty Next 50 Index Scheme

The investment objective of the Bandhan Nifty Next 50 Index fund is to replicate the Nifty Next 50 Index by investing in securities of the Nifty Next 50 Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Next 50 Index, subject to tracking errors. However, there is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns.

Investment Strategy

Bandhan Nifty Next 50 Index Fund will be managed passively and fund manager will make investments in stocks in proportion to the weights of these stocks in the Nifty Next 50 Index. The investment strategy of the scheme would revolve around reducing the tracking error by rebalancing the portfolio, considering the change in weights of stocks in the index as well as the incremental collections/redemptions from the Scheme.

Scheme Suitable for Which Investors

Bandhan Nifty Next 50 Index Fund is suitable for investors who are seeking

  • To create wealth over a long term
  • Investment in equity and equityrelated instruments belonging to Nifty Next 50 Index

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. It is based on several secondary sources on the internet and is subject to changes. 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 are subject to market risks, read all scheme-related documents carefully.

Persistent Systems Shares Rose Over 6%: Declared Interim Dividend of ₹20 Per Share

On January 23, 2025, Persistent Systems shares are in focus as the company has released its financial results for the quarter ending December 31, 2024. Persistent Systems shares opened at ₹5828.85 and touched the day high of ₹5797.70 at 09:20 AM.

Persistent Systems Q3FY25 Earnings Overview

During Q3FY25, Persistent Systems saw a robust Year-on-Year (YoY) growth of 30.35% in consolidated profit after tax (PAT), reaching ₹373 crore, compared to ₹286 crore in the same quarter the previous year. Sequentially, PAT rose from ₹306 crore in the September 2024 quarter. Revenue from operations for the quarter surged to ₹3,062 crore, marking a 22.6% increase from ₹2,498 crore in Q3 FY24. On a quarter-on-quarter (QoQ) basis, revenue also grew by 6%.

The company’s Earnings Before Interest and Tax (EBIT) stood at ₹455 crore, reflecting a 12.2% QoQ increase and a 25.5% YoY growth. EBIT margins improved by 400 basis points to 14.9% in Q3 FY25, compared to 14% in Q3 FY24.

Persistent Systems Order Book and Key Wins During Q3

Persistent Systems reported a strong order booking of $594.1 million in Total Contract Value (TCV) for the quarter, with $428.3 million in Annual Contract Value (ACV), as per the company’s earnings filing. This impressive performance underscores the company’s continued growth and solid positioning in the market.

Software, Hi-Tech & Emerging Industries

Persistent Systems has made significant strides in the Software, Hi-Tech, and Emerging Industries sector. Notably, the company is modernizing product development with its SASVA™ platform for a leading UK-based business software provider, aimed at driving recurring revenue and optimizing R&D costs. Additionally, Persistent is enhancing product management, security, and revenue for a prominent observability and IT software provider using AI-led engineering. The company is also modernizing data management with its iAURA solution for a leading food services and facilities management company.

Banking, Financial Services & Insurance

In the Banking, Financial Services, and Insurance sectors, Persistent is leveraging its SASVA™ platform to modernize legacy systems and improve developer productivity for a US-based financial services firm. The company is also revamping enterprise gateway services for better scalability and real-time authorization for a global payments technology leader. Furthermore, Persistent is using GenAI to automate insurance claims and improve ROI for a US-based insurance company.

Healthcare & Life Sciences

In Healthcare and Life Sciences, Persistent is transforming patient care and pharmacy platforms for a major healthcare and health insurance provider, improving patient experience while reducing technology debt. The company is replacing legacy systems with a revenue management solution for a global healthcare leader, enhancing both cost-efficiency and performance. Additionally, Persistent is enabling a migration from MuleSoft to Azure with SASVA™ to drive operational efficiency for a leading life sciences analytics company.

Persistent Systems Interim Dividend

On January 22, 2025, Persistent Systems declared an interim dividend of ₹20 per equity share (face value ₹5) for the financial year 2024-25. The record date for the dividend has been set for January 31, 2025.

 

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.

HUDCO Shares in Focus: Recorded Growth in Revenue and PAT During Q3FY25

On January 22, 2025, Housing and Urban Development Corporation (HUDCO) released its results for the quarter ended December 31, 2025, wherein it reported a net profit of ₹735 crore for Q3 FY25, reflecting a 41.6% YoY increase. It also posted a 37.14% YoY growth in revenue from operations, amounting to ₹2,760.23 crore.

HUDCO 9M FY25 Performance

For 9M FY25, HUDCO’s net profit surged by 39.87% YoY to ₹1,981.40 crore, while revenue grew by 30.55% YoY to ₹7,466.13 crore. The company credited this performance to strong growth in its loan book and a reduction in non-performing assets (NPAs).

During 9M FY25, HUDCO’s loan book expanded by approximately 41% YoY, reaching ₹1,18,931 crore, with nearly 40.17% of the exposure directed towards affordable housing. The company expects further growth in its affordable housing portfolio under the Pradhan Mantri Awas Yojana 2.0 (PMAY 2.0).

HUDCO will provide counterpart funding for states’ contributions to both PMAY-Rural 2.0 and PMAY-Urban 2.0, and has been appointed as one of the central nodal agencies for implementing the Interest Subsidy Scheme (ISS) component.

HUDCO Declares Interim Dividend

HUDCO declared an interim dividend of ₹2.05 for the quarter ending December 31, 2024. The record date for the dividend is set for January 30, 2025.

HUDCO Signs MoU with Vadhvan Port Project

On January 21, 2025, HUDCO signed a Memorandum of Understanding (MoU) with Vadhvan Port Project Limited (VPPL), a joint venture between the Jawaharlal Nehru Port Authority (JNPA) and the Maharashtra Maritime Board (MMB). Through this MoU, HUDCO will explore and provide funding of up to ₹25,000 crore for the development of new ports and Public-Private Partnership (PPP) projects under VPPL.

On January 23, 2025, HUDCO share price opened at ₹229.20 and touched the day high of ₹230.60 at 09:25 AM.

 

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.

Bharat Mobility Global Expo 2025: Tata Motors, M&M, Hyundai Showcased New Cars

The Bharat Mobility Global Expo 2025 is poised to be a groundbreaking event, bringing together the entire Indian automotive and mobility ecosystem under one roof. Taking place from January 17th to 22nd, 2025, across three prominent locations—Bharat Mandapam in New Delhi, Yashobhoomi in Dwarka, and India Expo Mart in Greater Noida—this expo is set to be a major milestone in the industry.

As India’s premier global mobility event, Bharat Mobility Global Expo 2025 serves as a convergence point for the world’s leading automotive and mobility companies. In its second edition, the expo unites the entire mobility value chain, offering more than just an exhibition—it’s a platform for shaping the future of mobility. Here is a list of new vehicles launched by automakers:

Maruti Suzuki 

Maruti Suzuki stole the spotlight with the unveiling of the e-Vitara, which mirrors the design and interior of its global counterpart. The India-spec e-Vitara, however, will be offered exclusively with a front-wheel drive and two battery pack options: 49 kWh and 61 kWh.

Hyundai Motors

Hyundai Motor Company unveiled two concept models: an advanced electric three-wheeler and a micro four-wheeler. They also explored partnerships with TVS Motor Company Ltd. to contribute to India’s last-mile mobility market.

Hyundai also introduced the Creta Electric at the 2025 Auto Expo, priced between Rs 17.99 lakh and Rs 23.50 lakh (ex-showroom). The electric vehicle comes with two powertrain options and a claimed range of up to 473 km.

Tata Motors

Tata Motors displayed its Harrier SUV in three variants, including the Bandipur Edition, along with the Harrier EV in standard and Stealth editions. Additionally, Tata revealed an ICE-powered concept of the Sierra SUV, which retains its iconic boxy design but features modern touches like connected LED lighting and flush-type door handles.

Mahindra & Mahindra

Mahindra presented two newly launched electric SUVs, the XEV 9e and BE 6, both available with 59 kWh and 79 kWh battery options and a claimed range of up to 682 km.

SML Isuzu

SML Isuzu launched the Hiroi.EV and introduced four other products: the AASAI MX, Premium Hiroi Bus, ATS-125 Multi Stretcher Ambulance, and the Samrat XT Plus Tipper.

Conclusion

The Bharat Mobility Global Expo 2025 has undoubtedly set a new benchmark in the Indian automotive and mobility landscape, bringing together key players from across the globe to showcase groundbreaking innovations and technologies.

 

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

Agro Tech Foods to Acquire 100% Stake in DMFPL: Received CCI Approval

The Competition Commission of India has approved the proposed combination involving Agro Tech Foods Limited (ATFL), Bharti Enterprises Limited (BEL), DMPL India Limited (DMPL India), and Del Monte Foods Private Limited (DMFPL).

The proposed combination includes the following elements:

  1. ATFL acquiring 100% of the shareholding in DMFPL from its current shareholders—BEL, Bharti Units (as listed below), and DMPL India. After this acquisition, DMFPL will become a wholly-owned subsidiary of ATFL.
  2. ATFL issued 20.95% and 14.39% equity shares to Bharti and DMPL India, respectively, through a preferential allotment, as consideration for ATFL’s full acquisition of DMFPL.

The Bharti Units consist of:

  • Bharti (SBM) Holdings Private Limited (Bharti SBM)
  • Bharti (RBM) Holdings Private Limited (Bharti RBM)
  • Bharti (RM) Holdings Private Limited (Bharti RM)
  • Bharti (Satya) Trustees Private Limited (on behalf of Bharti (Satya) Family Trust) (Bharti Satya).

About ATFL, BEL, DMPL

ATFL is a publicly listed company that manufactures, markets, and sells a wide range of food products and edible oils. BEL provides management consultancy services within the Bharti Group. DMPL India is an investment holding company with controlling interests in branded food and beverage companies that produce, market, and sell a variety of packaged goods, including fruit, vegetable, and tomato sauces, condiments, pasta, broth, stock, juices, and frozen food products under various brands.

DMPL India has no other business presence in India beyond its investment in DMFPL. DMFPL manufactures and sells packaged foods such as snacks, ready-to-eat foods, sauces, spreads and dips, edible oils, and pasta in India.

Conclusion

The Competition Commission of India has cleared the proposed combination involving ATFL, BEL, DMPL India, and DMFPL, which will result in ATFL acquiring full ownership of DMFPL. This transaction includes a preferential allotment of shares to Bharti and DMPL India as part of the consideration for the acquisition.

 

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

SEBI to Leverage AI For Processing 1,000 IPO in Next 2 Years

The capital market regulator, Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch stated that it is utilising artificial intelligence (AI) to transform the way it processes initial public offering (IPO) documents during her address at the Association of Investment Bankers of India (AIBI) Annual Convention.

Buch added that SEBI is in the advanced stages of creating a standardised IPO template. This new approach is designed to simplify the filing process for both issuers and merchant bankers. The template adopts a “fill-in-the-blanks” structure, where anything outside the standard format will be flagged for exception reporting. This differentiation between standard and exceptional content aims to streamline both document preparation and regulatory review.

Anticipated Impact on IPO Workload

With projections indicating that 1,000 IPOs are expected in the next 2 years, Buch emphasised that this initiative will significantly reduce the workload for issuers and SEBI alike. By focusing regulatory scrutiny on exceptional items, the new system is designed to improve efficiency and shorten the time taken for document preparation and review.

The proposed system introduces an exception reporting mechanism, allowing IPO documents to be viewed in two parts: standard and exceptional. This division enables officers to concentrate their attention on areas that deviate from the norm, making it easier to identify discrepancies and take appropriate action, thus speeding up the overall review process.

AI Integration to Support IPO Document Processing

Buch also discussed SEBI’s use of publicly available AI tools to further enhance IPO document processing. These AI tools assist in three key areas:

  1. Document Analysis: AI scans IPO submissions to ensure they comply with regulatory standards and highlights relevant pages for officer review.
  2. External Scanning: The AI searches the internet and social media for mentions of the company and its key personnel, identifying potential red flags or undisclosed news.
  3. Document Tallying: The AI cross-references the contents of the document, ensuring internal consistency, a task that was previously handled manually by officers.

Conclusion

As SEBI prepares for a surge in IPO filings, this technological shift is expected to significantly improve the efficiency of document processing. With the projection of up to 1,000 IPOs over the next 2 years, Buch expressed confidence that these advancements will help SEBI meet the growing demand and enhance the regulatory review process.

 

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

CCI Approved Merger of 9 Companies With Sequent Scientific Limited

On January 21, 2025, the Competition Commission of India gave its approval for the proposed merger of SRL, Viyash, Symed, Appcure, Vindhya Pharma, Vandana, Vindhya Organics, Geninn, and SV Labs with Sequent Scientific Limited.

Sequent Scientific Limited (SSL) is a publicly listed company with global operations in the animal healthcare industry. It offers a broad range of Active Pharmaceutical Ingredients (APIs), finished dosage formulations (FDFs), and analytical services to meet the needs of the animal health sector. Sequent Research Limited (SRL), a wholly owned subsidiary of SSL, operates as a Contract Research Organization, providing analytical services and a variety of testing for the global pharmaceutical industry.

Viyash Life Sciences Private Limited (Viyash) is a pharmaceutical company, and through its subsidiaries, it is mainly involved in the development, manufacture, and sale of APIs and intermediates for human healthcare in India. Viyash also produces FDFs for human healthcare. Its wholly owned subsidiaries include Symed Labs Limited (Symed), Appcure Labs Private Limited (Appcure), Vindhya Pharma (India) Private Limited (Vindhya Pharma), and Vandana Life Sciences Private Limited (Vandana), while SV Labs Private Limited (SV Labs) is a wholly owned step-down subsidiary of Viyash through Vindhya Pharma.

Geninn Life Sciences Private Limited (Geninn) is a holding company without direct operations but owns Vindhya Organics Private Limited (Vindhya Organics), which focuses on the development, manufacture, and marketing of APIs for human healthcare.

The Proposed Combination entails a series of interconnected steps aimed at merging SRL, Viyash, Symed, Appcure, Vindhya Pharma, Vandana, Vindhya Organics, Geninn, and SV Labs into SSL, which will be the ultimate surviving entity.

 

 

 

 

 

 

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