India Surpasses Germany to Become World’s 3rd Largest Wind and Solar Energy Producer in 2024

India has made a significant leap in renewable energy, becoming the world’s third-largest producer of wind and solar electricity in 2024, as per the sixth edition of Ember’s Global Electricity Review. This milestone places India ahead of Germany, a long-standing leader in clean energy, marking a pivotal moment in the global shift towards sustainable electricity generation.

Clean Energy’s Growing Share in India’s Power Mix

In 2024, clean energy sources accounted for 22% of India’s electricity generation. Of this, hydropower led with 8%, while wind and solar energy together contributed 10%. Notably, solar energy alone comprised 7% of India’s electricity output — a remarkable rise from 3.5% in 2021. This growth highlights the increasing role of renewables in reducing dependence on fossil fuels.

Solar Power Sees a Surge in Capacity Addition

India added a record 24 gigawatts (GW) of solar capacity in 2024 — more than double the addition seen in 2023. This makes India the 3rd largest solar market globally, following China and the United States. In terms of generation, India ranked fourth globally, contributing an additional 20 terawatt hours (TWh) of solar electricity.

Globally, solar energy remained the fastest-growing and largest source of new electricity for the twentieth consecutive year, with a record 474 TWh added in 2024.

Global Context: Renewables Set a New Record

Ember’s report revealed that wind and solar energy combined accounted for 15% of global electricity generation in 2024. Total clean sources — including renewables and nuclear — provided 40.9% of global electricity, the highest share since the 1940s. Overall, renewables generated a record 858 TWh, emphasising the global momentum toward decarbonisation.

India’s Climate Goals and the Funding Gap

India has set ambitious climate targets, aiming to achieve 50% of its installed capacity from non-fossil sources and build 500 GW of non-fossil energy capacity by 2030. While the country’s current pace is commendable, Ember’s analysts caution that without a 20% annual increase in clean energy funding, India may fall short of its long-term targets.

Conclusion

India’s rise to the 3rd spot in global wind and solar electricity production — surpassing Germany — is a significant milestone that reflects both policy commitment and market momentum. However, continued investment and policy support will be essential to keep pace with rising energy demand and meet climate goals effectively.

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.

What is Siemens Share Price Falling?

April 7 witnessed a global market sell-off triggered by escalating trade war tensions. Amidst the chaos, Siemens Limited stood out as one of the most discussed stocks on Dalal Street. While benchmark indices showed signs of panic, Siemens caught the attention of investors due to a major corporate development— demerger.

Siemens Energy India Demerger Officially Takes Effect

The key reason behind the spotlight on Siemens was the formal implementation of its demerger plan. Siemens Limited successfully separated its energy division into a new entity named Siemens Energy India Limited (SEIL). The development, approved by the National Company Law Tribunal (NCLT) on March 26, marked a significant restructuring step for the capital goods major.

Siemens Share Price Drop After Demerger Record Date

On April 8 and 9, Siemens shares recorded a fall of ~4% cumulatively. Interestingly, the market reaction was positive on the record date. Siemens’ share price surged by nearly 20% on April 7, the day it went ex-demerger. This spike was noteworthy, considering the broader market was under pressure. The rally continued into the next trading session—April 8, where the stock was seen trading up by 0.62% as of 12:57 PM.

What Does ‘Ex-Demerger’ Mean for Shareholders?

April 7 was the record date, crucial in determining who would be eligible to receive shares in the newly formed Siemens Energy India. Due to the T+1 settlement cycle, April 4 (Friday) was the last trading day for investors to buy Siemens India shares and still be eligible for the corporate action.

Shareholders holding Siemens India shares in their demat accounts as of April 7 will receive one share of Siemens Energy India for every one share held. The noticeable drop in Siemens India’s stock price post-demerger is not a sign of weakness but rather reflects the market-adjusted value of the separated entity.

What the Demerger Means for the Company

This demerger aligns Siemens India with the global structure of its parent, Siemens AG, which has also carved out its energy operations into a separate entity. The move allows both businesses—core industrial and energy—to focus independently on their respective growth strategies, operational efficiencies, and capital allocation.

Conclusion 

The creation of Siemens Energy India paves the way for a more focused approach by both the parent and the new energy entity in their respective domains.

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.

BSNL Secures 5G Spectrum Worth ₹61,000 Crore: Trials Begin Ahead of Full Rollout

According to a media report, in a significant development for India’s state-owned telecom sector, the Department of Telecommunications (DoT) has allocated ₹61,000 crore worth of 5G spectrum to Bharat Sanchar Nigam Limited (BSNL). This allocation includes both premium 700MHz and mid-band 3300MHz spectrum, positioning BSNL to join the 5G race alongside private operators.

This move is seen as a major push by the government to revitalise BSNL and ensure broader access to next-generation telecom services across the country, particularly in underserved and rural regions.

BSNL Begins 5G Trials in Select Locations

Following the spectrum allocation, BSNL has commenced trial runs of its 5G network in select cities, including New Delhi. These trials are part of the company’s preparation for a broader commercial rollout, expected to begin with operational towers by June 2025.

The trial phase allows BSNL to test its infrastructure, address technical challenges, and fine-tune its service offerings before full-scale deployment.

Upgrade Path: From 4G to 5G

As part of its ongoing telecom infrastructure expansion, BSNL is in the process of installing over one lakh 4G towers nationwide. Of these, around 80,000 towers are already functional. These 4G sites are being prepared for an upgrade path to 5G, allowing for a smoother and cost-efficient transition once the 5G rollout commences.

This dual-layer strategy ensures that BSNL can quickly scale its 5G presence using its existing 4G footprint as a foundation.

Network-as-a-Service Model and Private Deployments

BSNL’s 5G rollout is being implemented through the Network-as-a-Service (NaaS) model, which allows it to collaborate with technology providers for deploying and managing the network efficiently. This model reduces the burden of owning and maintaining expensive infrastructure while speeding up deployment timelines.

Separately, private entities are also pushing forward with 5G deployments. For instance, Tidal Wave recently implemented a private 5G network for Coal India using the 3500MHz band. Such deployments highlight the growing demand for dedicated 5G solutions in enterprise and industrial settings.

Market Context: Competitive Landscape and User Trends

Currently, private telecom operators Airtel and Jio which is an integral part of Reliance Industries offer 5G services across most parts of the country, while Vodafone Idea (Vi) has started limited rollouts in cities like Mumbai, Bengaluru, and Delhi.

BSNL has reportedly witnessed a growth in user base, especially after tariff hikes by the three private operators in 2024. Offering competitively priced recharge plans with higher data allowances, BSNL continues to appeal to value-conscious consumers—a segment that may further expand as 5G services become more accessible.

Conclusion

The allocation of 5G spectrum to BSNL aligns with the broader vision of digital inclusivity and infrastructure modernisation. By enabling BSNL to enter the 5G space, the government ensures that telecom advancements are not confined to urban areas or dominated solely by private players.

As BSNL progresses with its trials and upgrades, the telecom sector may witness increased competition and innovation, potentially benefiting end-users through wider access and better pricing.

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.

Borosil Renewables Receives ₹7.77 Crore Capital Incentive from Gujarat Government for Solar Glass Expansion

Borosil Renewables Limited, a leading manufacturer in the solar glass segment, recently announced the receipt of a capital incentive from the Government of Gujarat. The incentive, amounting to ₹7.77 crore, has been sanctioned under the Gujarat Electronics Policy (2016-21) aimed at promoting investment in the Electronics System Design and Manufacturing (ESDM) sector. The Borosil Renewable share price is trading at ₹469.45 is up by 1.25% as of 1:12 PM. 

Incentive Under Electronics Policy 2016-21

The Gujarat State Electronics Mission (GSEM), functioning under the Department of Science & Technology, granted the capital incentive to Borosil Renewables. This support forms part of a special incentive package designed to attract investment in the ESDM sector, a vital part of the government’s broader push towards industrial and technological self-reliance.

Purpose of the Incentive

The incentive has been provided in relation to the capital expenditure incurred by Borosil Renewables for the commissioning of its third solar glass furnace (SG-3) at its Bharuch plant. This expansion is a significant step in boosting the company’s production capacity and aligning with the increasing demand for solar energy infrastructure in India.

Strategic Location and Growth

Located in Bharuch, Gujarat—an industrial hub with strong logistics and infrastructure—Borosil Renewables’ facility is strategically placed to serve the growing solar power ecosystem. The commissioning of SG-3 represents the company’s ongoing commitment to innovation and expansion in the renewable energy space.

Conclusion

The receipt of this capital incentive reaffirms the growing synergy between government initiatives and private enterprise in building a robust renewable energy ecosystem. While this development marks a positive stride for Borosil Renewables, it also reflects the proactive approach taken by the state government in supporting investments aligned with India’s sustainability goals.

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.

Maruti Suzuki India Launched the Updated Grand Vitara With 6 Airbags

Maruti Suzuki India Limited has officially launched the updated 2025 version of its flagship SUV, the Grand Vitara. Starting at ₹11.42 lakh (ex-showroom), the refreshed model brings with it a strong focus on safety, advanced comfort features, and added premium touches aimed at evolving consumer expectations. The share price of Maruti Suzuki India is trading at ₹11,503.15, higher by 1.53% as of 01:07 PM on April 8, 2025.

Safety Upgraded: 6 Airbags as Standard Across Variants

One of the most notable upgrades in the new Grand Vitara is the inclusion of six airbags as standard across all variants. This move enhances occupant protection and underlines Maruti Suzuki’s commitment to prioritising safety in all its models.

Additional safety features include the Electronic Stability Programme (ESP®) with Hill Hold Assist, front and rear disc brakes with ABS and EBD, ISOFIX child seat anchorage points, and 3-point ELR seat belts for every seat.

New Delta+ Strong Hybrid Variant Introduced

To expand its hybrid line-up, Maruti Suzuki has introduced the new Delta+ Strong Hybrid variant, priced at ₹16.99 lakh. This model complements the existing Zeta+ and Alpha+ variants and offers an attractive option for buyers seeking enhanced fuel efficiency and smoother performance.

The hybrid system features a dual powertrain comprising a lithium-ion battery-powered electric motor and a conventional petrol engine.

Comfort and Convenience Receive a Boost

Several premium features have been added to improve driving comfort and passenger convenience. New additions include:

  • An 8-way powered driver’s seat
  • Electronic Parking Brake (for 6-speed automatic variants)
  • Auto Purify system with PM 2.5 display
  • LED cabin lamps for better visibility
  • Rear door sunshades for improved in-cabin comfort

Panoramic Sunroof Now More Accessible

With increased customer interest in sunroof-equipped models, Maruti Suzuki now offers a panoramic sunroof in four new variants: Zeta (O), Alpha (O), Zeta+ (O), and Alpha+ (O), making it more accessible across the line-up.

Modern Technology and Infotainment Enhancements

The updated Grand Vitara continues to deliver on technology with a rich feature set, including:

  • 9-inch SmartPlay Pro+ infotainment system with wireless connectivity
  • Head-Up Display (HUD)
  • 360-degree camera
  • Wireless charging dock
  • Premium Clarion sound system
  • Ventilated seats
  • Suzuki Connect for vehicle tracking and remote operations

All models are now compliant with E20 fuel standards, supporting the brand’s sustainability goals.

Variants and Pricing

The updated Grand Vitara is available in 18 variants, offering choices between Smart Hybrid, Strong Hybrid, and ALLGRIP Select (4WD) powertrains. Pricing ranges from ₹11.42 lakh for the entry-level Smart Hybrid Sigma to ₹20.68 lakh for the top-end Alpha+ e-CVT Dual Tone (O).

Conclusion: Evolving to Meet Modern Expectations

With the 2025 update, Maruti Suzuki aims to maintain its competitive edge in the mid-size SUV segment by delivering enhanced safety, wider variant choices, and upgraded features. While this update strengthens the model’s value proposition, the details shared serve purely for informational purposes and do not constitute an investment or purchase recommendation.

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.

Arkade Developers Signs ₹865 Crore Borivali West Redevelopment Deal; Share Price Jumps Over 3%

As of 11:58 AM on April 8, 2025, share price of Arkade Developers Limited witnessed a rise of over 3%, following the company’s announcement of a major redevelopment agreement in Mumbai.

₹865 Crore Cluster Redevelopment Agreement Registered

Arkade Developers Limited has formally registered a development agreement (DA) for a cluster redevelopment project in Borivali West. This involves four cooperative housing societies: Satya Shreepal Nagar A CHS Ltd., Om Shreepal Nagar B & C CHS Ltd., Sheetal Shreepal CHS Ltd., and Sai Shreepal CHS Ltd.

Located near Mahavir Nagar, the project spans 7,084 square metres and is expected to yield approximately 2.44 lakh square feet of saleable carpet area. The gross development value is estimated at ₹865 crores, marking a key addition to Arkade’s portfolio in Mumbai’s western suburbs.

Strengthening Footprint in the Western Suburbs

The project is in line with Arkade’s growing focus on community-centric urban redevelopment. The company noted that the redevelopment aligns with the city’s increasing demand for modern, high-quality residential infrastructure in densely populated zones.

The upcoming development aims to integrate sustainable architecture with lifestyle-oriented features, aligning with Arkade’s reputation for enhancing liveability in urban neighbourhoods.

Management Commentary: Community-Led Vision

Speaking on the milestone, Mr Amit Jain, Chairman and Managing Director of Arkade Developers, said: “At Arkade, it is our endeavour to not just redevelop buildings—but rebuild communities. This project is a reflection of our philosophy to bring people luxury homes, stronger infrastructure, and vibrant neighbourhoods.”

He also highlighted the immense potential of the Borivali West micro market and reaffirmed the company’s commitment to contributing meaningfully to its transformation.

Conclusion

This announcement further underscores Arkade Developers’ active role in Mumbai’s urban redevelopment. With more than 5.5 million square feet already delivered and over 2 million square feet currently under development, the company maintains its focus on quality construction and timely delivery.

Arkade’s robust pipeline across the MMR region positions it as a key player in reshaping Mumbai’s residential landscape through high-value, community-focused projects.

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.

Natco Pharma Updates on Risdiplam Launch Amid Legal Proceedings

As of 11:32 AM on April 8, 2025, Natco Pharma’s share price witnessed an uptick of around 2%, following a legal update released by the company regarding its planned launch of a generic version of Risdiplam in India. The announcement has sparked investor interest due to its potential implications for both market competition and patient access.

Court Proceedings: Status Quo Maintained

Natco Pharma clarified that the Delhi High Court’s Single Judge had earlier denied Roche’s request for an injunction to block Natco’s launch of the generic version of Risdiplam, a treatment typically used for spinal muscular atrophy (SMA). However, Roche has since appealed that ruling, and the Appellate Bench has now directed that a status quo be maintained until the appeal is resolved.

Due to the ongoing nature of the litigation, Natco has chosen not to comment further on the legal proceedings. The company reaffirmed that any product launch will only occur after obtaining a clear verdict from the Appellate Bench, which is expected in the near future.

Planned Pricing and Access

In line with its earlier submissions to the court, Natco has proposed to launch the product at a Maximum Retail Price (MRP) of ₹15,900. Additionally, it plans to support patients through a patient access programme, offering discounts to those deemed eligible.

This strategy reflects Natco’s long-standing focus on affordability and accessibility in critical therapy areas such as oncology and rare diseases.

About Natco Pharma

Headquartered in Hyderabad, Natco Pharma Limited is a research-driven pharmaceutical company engaged in the development, manufacturing, and marketing of both generic and branded drugs, as well as crop protection products. The company has nine manufacturing facilities and two R&D centres across India, with approvals from major regulatory bodies including the US FDA and Health Canada.

Its business model includes a strong presence in targeted therapies for the Indian market and a focus on limited competition molecules in the US. Natco serves over 50 global markets and is recognised for its contributions to the pharmaceutical and healthcare landscape.

Conclusion

Natco Pharma’s update on Risdiplam underscores its commitment to affordable healthcare while awaiting legal clarity. Investors and patients alike await the court’s final decision.

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.

Sovereign Gold Bonds: Deadline Approaches for Premature Redemption of Select Tranches

What Are Sovereign Gold Bonds?

Sovereign Gold Bonds (SGBs) are government-backed securities issued by the Reserve Bank of India (RBI) on behalf of the Government of India. These bonds are denominated in grams of gold and serve as an alternative to holding physical gold. Investors benefit not only from the potential appreciation in gold prices but also receive a fixed annual interest of 2.5%, paid semi-annually.

On maturity or redemption, the investor receives the current market value of gold directly into their bank account.

Understanding Premature Redemption in SGBs

While SGBs come with a fixed maturity period of eight years, investors are allowed to redeem them prematurely, beginning after the fifth year. However, this early exit is only available on specific dates notified by the RBI each year.

These redemption windows are carefully scheduled and limited to particular bond series. Missing the scheduled deadline could mean waiting up to a full year for the next available redemption window.

Tranches Eligible for Premature Redemption in April–May 2025

The RBI has released the redemption schedule for four specific SGB tranches in April and May 2025. If you hold any of the following series, you must act within the prescribed application periods to redeem your investment early.

SGB 2017-18 Series III

  • Redemption Date: April 16, 2025

  • Application Window: March 17 to April 7, 2025

SGB 2017-18 Series IV

  • Redemption Date: April 23, 2025

  • Application Window: March 24 to April 15, 2025

SGB 2017-18 Series V

  • Redemption Date: April 30, 2025

  • Application Window: March 31 to April 21, 2025

SGB 2017-18 Series VI

  • Redemption Date: May 6, 2025

  • Application Window: April 5 to April 28, 2025

How to Check If Your Bond Is Eligible

If you are considering premature redemption, the first step is to identify which tranche your SGB belongs to. You can verify this by checking the issue date and series of your bond certificate or demat statement.

Once identified, refer to the redemption schedule and ensure that your application is submitted within the respective deadline.

Where to Submit Redemption Requests

To redeem your SGB prematurely, you must submit your request through any of the following platforms:

  • NSDL or CDSL (for demat account holders)
  • RBI Retail Direct Portal
  • Bank or Post Office where the bond was initially purchased

Ensure all documentation is complete and the application is submitted well before the last date to avoid any technical or procedural delays.

Conclusion 

  • Missing the application window means waiting for the next eligible redemption date, which could be up to a year away.
  • Redemption proceeds are paid based on the prevailing gold price on the date of redemption.
  • Regular interest income (2.5% annually) continues to be credited until redemption.

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.

Lowest Mutual Fund Equity Deployment Since July 2023 Recorded in March 2025

The mutual fund industry’s net investment into the Indian equity market fell sharply to ₹13,458.85 crore in March 2025, according to the latest data released by the Securities and Exchange Board of India (SEBI). This marked the lowest level of monthly deployment since July 2023, when the figure stood at ₹7,707 crore.

This drop follows two months of substantial inflows—₹48,000 crore in February and ₹57,700 crore in January—making March’s investment a notable deceleration.

Peak Investments Seen in October 2024

The highest mutual fund deployment into equities in recent times was recorded in October 2024, reaching ₹90,770 crore. This surge in investment was fuelled by a rally in the Indian stock market towards the end of September, when benchmark indices touched fresh all-time highs.

Since July 2023, monthly investments by mutual funds had consistently remained above ₹15,000 crore until the dip witnessed in March 2025.

Market Correction and Global Headwinds Behind the Decline

The dip in equity investment comes amid a broader market correction. Indian equity indices experienced a decline of nearly 15% from their September 2024 highs, before showing signs of recovery in March. This correction, driven by a confluence of global and domestic factors, may have led mutual funds to adopt a more cautious approach.

Geopolitical developments and external pressures, such as policy changes in major economies, also contributed to a decline in investor sentiment. One of the notable recent triggers was US President Donald Trump’s imposition of fresh tariffs, which rattled global markets and exerted downward pressure on Indian equities.

April 2025 Trends Indicate Continued Caution

As of the initial days of April 2025, mutual funds have deployed just ₹5,428 crore into equities. While it’s too early to predict the month’s final tally, the slow pace of investment indicates that market participants remain wary.

Despite the slight recovery observed in March, the caution exercised by mutual funds suggests that uncertainty still lingers in the market, potentially influenced by macroeconomic signals, global cues, and upcoming domestic events.

Conclusion

The significant reduction in mutual fund investment into the Indian equity market in March 2025—its lowest point in eight months—reflects a cautious sentiment among fund managers amid volatile market conditions. While inflows surged to record levels in previous months, current deployment patterns highlight the impact of both global uncertainty and domestic market correction on institutional investment strategies.

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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.

Jaiprakash Associates Hits Upper Circuit Amid Insolvency Proceedings: List of 26 Bidders Including Adani, Vedanta, and Patanjali

Jaiprakash Associates Limited (JAL), a diversified infrastructure conglomerate, is currently undergoing the Corporate Insolvency Resolution Process (CIRP) following a significant loan default. The National Company Law Tribunal (NCLT), Allahabad Bench, admitted the company into CIRP on June 3, 2024. This development came after JAL defaulted on its financial obligations to lenders, triggering the need for a resolution process under the Insolvency and Bankruptcy Code (IBC).

Mounting Debt and Creditor Claims

As of March 11, 2025, Jaiprakash Associates had outstanding loans of ₹55,409.28 crore to various financial institutions. The total claims filed by creditors, however, have touched ₹57,185 crore. The National Asset Reconstruction Company Ltd (NARCL) now leads the list of claimants, having taken over stressed loans from a consortium of lenders led by the State Bank of India (SBI).

A Closer Look at the Real Estate Assets

Despite its financial troubles, JAL holds valuable real estate assets that make it an attractive prospect for acquisition. These include:

  • Jaypee Greens, Greater Noida

  • Jaypee Greens Wishtown, Noida

  • Jaypee International Sports City, located near the upcoming Jewar International Airport

These prime locations, situated around the National Capital Region, continue to draw significant interest from real estate and infrastructure players.

A Star-Studded List of Bidders

According to a report, a total of 26 entities have submitted their Expression of Interest (EOI) to take over the bankrupt JAL. The list comprises major industry names, including:

Other notable names include Asset Reconstruction Company, Authum Investment & Infrastructure, GMR Business & Consultancy LLP, Sigma Corporation (India), and Suraksha Group – the latter having recently taken over Jaypee Infratech, a subsidiary of the Jaypee Group.

Suraksha Group’s Role and Past Acquisitions

Interestingly, Suraksha Group, now a potential bidder for JAL, previously acquired Jaypee Infratech through a similar insolvency process. The group is currently working on completing over 20,000 delayed residential units in Noida and Greater Noida, which were left unfinished by Jaypee Infratech.

Share Price Reaction

Following the buzz around the potential acquisition, Jaiprakash Associates’ share price hit the upper circuit on 8 April 2025. At 9:47 AM on the NSE, the stock was trading locked at ₹3.72 apiece.

Conclusion 

With a pool of prominent bidders and valuable real estate assets in strategic locations, the future of Jaiprakash Associates now hinges on the outcome of the insolvency proceedings. The final resolution could reshape the NCR real estate landscape and mark a significant transition for one of India’s long-standing infrastructure players.

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.