SEBI Proposes Eased Delisting Norms for PSUs with 90% Government Stake

The Securities and Exchange Board of India (SEBI) has proposed a separate voluntary delisting mechanism specifically for public sector undertakings (PSUs) where the government or promoter group holds 90% or more of the total issued shares. A consultation paper outlining the proposal was released on May 7, with public comments invited until May 26.

Why a Separate Framework?

SEBI noted that many PSUs have outdated business models, low public shareholding, or weak outlooks. Despite this, these companies often trade at higher market prices due to investor confidence in government ownership. This misalignment between market price and book value poses a challenge for the government during delisting, as it results in a higher budgetary outlay.

Currently, delisting is considered successful when promoter shareholding reaches 90%, and floor prices are based on the 60-day volume weighted average market price (VWAMP) and other parameters. For PSUs with thin public float and low trading activity, this leads to inflated exit prices.

Key Proposals

  • Eligibility: Only PSUs with promoter and PSU group shareholding of 90% or more will qualify.
  • Exemption from Norms: These companies may delist without meeting the 25% minimum public shareholding requirement.
  • Fixed-Price Mechanism: Delisting to occur at a fixed price, at least 15% above the floor price, irrespective of trading frequency.
  • No Two-Thirds Public Approval: The requirement for two-thirds of public shareholders to approve delisting may be removed.
  • Exit Price Options: SEBI suggested three pricing methods, including current floor price calculations, independent valuation (based on book value, trading multiples, DCF), or other industry benchmarks.

Read More: SEBI Sees No Systemic Risk in Indian Stock Markets Despite Global Tariff Volatility!

Handling Unclaimed Funds

SEBI proposed that funds lying in escrow or bank guarantees for untendered shares be transferred to a designated stock exchange for seven years. After that, unclaimed amounts would move to the Investor Education and Protection Fund (IEPF).

Conclusion

The proposal seeks to simplify the delisting process for certain PSUs burdened by low float and high delisting costs. If approved, the carve-out could streamline government efforts to exit or restructure such entities.

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.

Government Notifies Nationwide Cashless Treatment Scheme for Road Accident Victims

The Ministry of Road Transport and Highways (MoRTH) has officially notified the Cashless Treatment of Road Accident Victims Scheme, 2025, effective from May 5, 2025. Under this scheme, any individual injured in a road accident involving a motor vehicle, on any road across India, is eligible for cashless treatment of up to ₹1.5 lakh per accident at designated hospitals.

Coverage Duration and Limitations

The scheme covers medical treatment for a maximum of seven days from the date of the accident. The benefit is available at hospitals designated under the scheme. In case the victim is taken to a non-designated hospital, only stabilisation measures will be provided, after which the patient may be shifted to a designated facility.

Role of Implementing Agencies

The National Health Authority (NHA) is the central implementing body. It will work with State Health Agencies, police departments, and hospitals to operationalise the scheme. In each state and Union Territory, the State Road Safety Council will act as the nodal agency, managing hospital onboarding, claims, and payments.

Claim and Payment Process

Hospitals are required to submit treatment claims on a designated portal after the patient is discharged. These claims must include all relevant documents. The State Health Agency will review the submission and either approve, partially approve, or reject it, with reasons documented on the portal.

Monitoring and Oversight

A steering committee has been constituted at the central level, chaired by the Secretary of MoRTH and including representatives from the Ministry of Health, Ministry of Finance, Ministry of Home Affairs, the NHA, and insurance bodies. The committee will meet at least twice a year. Implementation in states and UTs will be monitored by their respective State Road Safety Councils.

Read More: Vodafone Idea’s Govt Stake Jumps to 48.99% After 3,695 Crore Equity Shares Allocation!

Background and Legal Basis

The scheme is notified under Section 162(2) of the Motor Vehicles Act, 1988. MoRTH data shows over 4.80 lakh road accidents and 1.72 lakh deaths occurred in 2023, marking a rise from the previous year.

Conclusion

The cashless treatment scheme plans to standardise emergency care access after road accidents, using existing state and national health systems for coordination and delivery.

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.

SEBI Introduces ₹1 Crore Minimum, Mandates Demat for Securitised Debt Instruments

The Securities and Exchange Board of India (SEBI) has introduced a set of regulations for securitised debt instruments (SDIs), setting a minimum investment threshold and requiring dematerialised (demat) format for all issuances and transfers. The rules were announced through a gazette notification.

₹1 Crore Minimum Investment Mandated

A minimum ticket size of ₹1 crore has been mandated for the issuance of SDIs. The same ₹1 crore threshold will apply to any subsequent transfers involving originators not regulated by the Reserve Bank of India (RBI). For SDIs backed by listed securities, the minimum investment will be equal to the highest face value among the underlying securities.

Demat Format Now Compulsory

SEBI has made it mandatory for all securitised debt instruments to be issued and transferred only in demat form. This applies across the board, irrespective of the nature of the originator.

Public Offer Window and Advertisement Norms

Public offers of SDIs must remain open for a minimum of three days and a maximum of ten days. The advertisement requirements for these issues will follow SEBI’s existing norms for non-convertible securities.

Minimum Track Record for Originators

Entities looking to issue SDIs must have a minimum operational track record of three years. This applies to both regulated and unregulated originators.

Risk Retention and Holding Period Conditions

Originators will be required to retain at least 10% of the securitised pool, or 5% in the case of receivables with a maturity of up to 24 months. Loans with a tenor of up to two years must be held for a minimum of three months, while those with longer tenors must be held for at least six months before securitisation.

Read More: SEBI Allows Investment Advisers to Advertise Verified Performance Metrics!

Clean-Up Call and Asset Scope Clarified

An optional clean-up call has been introduced, allowing originators to repurchase up to 10% of the original pool value. SEBI has also updated the definition of eligible underlying assets, limiting them to listed debt securities, accepted trade receivables, rental income, and equipment leases. Re-securitisation and synthetic securitisation are not allowed.

Conclusion 

SEBI has amended the relevant rules to enforce these changes. By tightening rules around minimum investment size, eligibility, and permissible assets, SEBI aims to boost transparency, reduce risk, and improve investor confidence in the securitisation market.

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.

TCS Launches AI-Powered MasterCraft to Support Legacy System Modernisation

Tata Consultancy Services (TCS) has released a new version of its MasterCraft™ platform, now integrated with Generative AI (GenAI) and Agentic AI. The platform is intended to help enterprises automate the process of modernising old IT systems, which are often complex and costly to maintain.

As of 11:07 AM on May 7, 2025, Tata Consultancy Services share price was trading at ₹3,430.50, down 0.85% for the day, with a 17.36% decline over the past six months and a 13.78% gain over the past year.

Enterprises with Large Legacy Systems

Many organisations operate large-scale legacy applications built over several decades. These systems usually come with rising technology debt, high operational costs, limited documentation, and a shrinking pool of experts familiar with them. Most existing tools focus mainly on converting old systems into newer formats, which can lead to additional challenges in maintenance and long-term usability.

Automation and Knowledge Extraction

The latest version of MasterCraft™ incorporates GenAI and Agentic AI to extract business logic, convert legacy applications, and create a central design repository. This allows enterprises to handle large-scale modernisation projects with reduced manual effort. TCS stated that the updated tool can bring down modernisation costs by over 70% and deliver outcomes up to twice as fast compared to traditional approaches.

Use Case from Banking Sector

Reports suggest that a North American bank used MasterCraft™ to transition its mainframe applications. During this process, it recorded double the productivity and completed delivery three times faster than older methods. A central knowledge base was also created, which led to a 90% reduction in the manual effort needed for documentation and process mapping.

Agentic AI for Complex Modernisation

The Agentic AI feature uses internal repositories, best practices, and AI-driven agents to address challenges unique to different systems and architectures. Human input is retained throughout the process, allowing organisations to make context-based decisions during modernisation.

Read More: TCS and ICICI Securities Collaborate to Enhance Retail Trading Platform!

Conclusion

TCS’s updated MasterCraft™ platform with GenAI and Agentic AI is intended to help enterprises manage legacy system upgrades more efficiently by automating parts of the process, reducing costs, and improving delivery timelines, without entirely replacing human involvement.

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.

Introducing Improvised Alerts for Stock Monitoring

Keeping up with the stock market is all about timing and context, and with our latest update, staying informed has become more streamlined and accessible. We’ve redesigned the alerts experience on Angel One to be more intuitive, visual, and aligned with how you monitor market movements.

With this update, you can now set up alerts in two simple ways: through Popular Alerts or Indicators on Charts. Whether you’re a trader following signals or an investor tracking price points, the new system provides tools that align with your tracking strategy.

Two Ways to Set Alerts

Let’s break it down:

Popular alerts are quick presets based on commonly used technical indicators like price, moving averages, or RSI. They’re ideal if you want to set alerts without getting into complex configurations.

Indicator-based alerts on Charts give you more control and flexibility. These are created by observing how indicators behave on your chart and setting conditions based on that visual data.

Popular Alerts: Quick to Set, Easy to Use

Popular Alerts are designed around how most users track market movements. When you open a stock and click the alert icon, you’ll see preset alert options such as:

  • Price level 
  • Moving Average (MA) 
  • Relative Strength Index (RSI) 
  • Moving Average Crossovers

These presets help reduce the effort needed to configure an alert. All you need to do is select a type, enter the condition (for example, “alert me when RSI crosses 30”), and save.

Note: The securities are quoted as an example and not as a recommendation. Such representations are not indicative of future results.

Backtesting: See How Your Conditions Would Have Played Out

We’ve introduced backtesting for Popular Alerts to help users make more informed setups.

With backtesting, you can simulate your alert condition against historical data. This includes a breakdown of:

  • Number of trades triggered
  • Total profit/loss
  • Win percentage
  • Drawdown and performance graphs
  • A detailed log of each trade entry and exit based on your setup

It’s a visual, data-driven way to evaluate how your alert logic might have worked in the past—without any assumptions about the future.

Note: Backtesting is a retrospective analysis tool and should not be interpreted as a prediction of future performance.

Alerts from Indicators on Charts: Built Directly from Your Analysis

Some users prefer to set alerts while actively reading charts, and now that’s possible.

Once you’ve applied a supported indicator to a chart, you can define an alert condition based on that specific indicator. Supported indicators include:

  • Moving Average (MA, SMA, WMA)
  • RSI
  • MACD
  • Bollinger Bands
  • Average True Range (ATR)
  • Ichimoku Clouds
  • Super Trend 

Here’s how it works:

  1. Open your preferred stock and apply one of the supported indicators.
  2. Click the alert icon.
  3. Switch to the Indicators on Chart tab in the panel.
  4. Define your condition using the dropdown and fields shown.
  5. Save the alert.

Please note: You’ll only see this option if an eligible indicator is already applied to your chart.

Real-World Examples of How Alerts Work

The new alerts experience is built to help with a range of use cases:

  • Tracking a price level: Say you want to monitor if HDFCBANK crosses ₹1475. Set a Price Alert and get notified the moment it does. 
  • Following technical signals: You’re tracking RSI for Crude Oil. Set a Technical Alert for when RSI crosses 70, and the system alerts you if the condition is met. 
  • Managing portfolio thresholds: Set an alert if your long-term holding drops below a certain price—say ₹500—so you can reassess your position. 
  • Observing chart signals: Waiting for a 50-day MA to cross above the 200-day MA on a stock? Set a Moving Average Crossover alert and get notified instantly. 

These alerts are purely user-defined and can be set up to reflect your personal strategy—no matter how active or passive your approach is.

Please note: The securities mentioned are quoted as examples and not as recommendations.

Designed for All Market Participants

Whether you’re a daily trader or a long-term investor, the new alert system helps you manage information better. It minimizes the need for constant monitoring and ensures you’re notified when something important happens—based on your own parameters.

There’s no guesswork, no overcomplication. Just timely, relevant notifications.

Getting Started

To use the new alerts:

  1. Search for a stock.
  2. Click the Alert icon at the top of the screen.
  3. Choose between Popular Alerts or Indicators on Chart.
  4. Set your condition, and you’re done.

Final Note

This update is part of our ongoing effort to improve the user experience and provide meaningful tools for market tracking. Whether you prefer quick presets or detailed chart-based setups, the new alerts framework helps you stay in control of your watchlist.

Stay tuned to the Angel One blog and community page for more product updates.

Disclaimer:

The securities mentioned are quoted as examples and not as recommendations.
Any charts or performance representations are not indicative of future results.
Investments in securities market are subject to market risks. Read all the related documents carefully before investing.
This is for educational purposes only.

 

7वां वेतन आयोग: केंद्रीय सरकारी कर्मचारियों को यह भत्ता साल में एक से अधिक बार मिलेगा

लाखों केंद्रीय सरकारी कर्मचारियों के लिए एक स्वागत योग्य कदम में, वित्त मंत्रालय ने ड्रेस भत्ते पर अपनी नीति में संशोधन किया है, जो 7वें वेतन आयोग के तहत लाभ संरचना का एक महत्वपूर्ण हिस्सा है। 

यह भत्ता, जो पहले साल में केवल एक बार दिया जाता था, अब साल में दो बार दिया जाएगा। इस अपडेट से नए भर्ती हुए कर्मचारियों को राहत मिलने और वर्दी से संबंधित लंबे समय से चले आ रहे मुद्दे का समाधान होने की उम्मीद है। 

7वें वेतन आयोग के तहत क्या बदल रहा है? 

पहले, केंद्रीय सरकारी कर्मचारियों को उनका ड्रेस भत्ता साल में एक बार जुलाई में मिलता था, चाहे उनकी ज्वाइनिंग की तारीख कुछ भी हो। इसका मतलब था कि जो कर्मचारी साल में बाद में शामिल होते थे, उन्हें इस लाभ के लिए महीनों इंतजार करना पड़ता था। 24 मार्च, 2025 को जारी एक नए सर्कुलर के अनुसार, अब यह भत्ता प्रो-राटा आधार पर दिया जाएगा, जिससे पूरे साल उचित वितरण सुनिश्चित होगा। 

उदाहरण के लिए, 20,000 सालाना के हकदार एक कर्मचारी जो अगस्त में शामिल होता है, उसे सूत्र का उपयोग करके 18,333 की गणना की गई राशि मिलेगी: 

(वार्षिक भत्ता ÷ 12) × महीनों की संख्या (ज्वाइनिंग से जून तक) 

किसे और कितना लाभ होगा? 

7वें वेतन आयोग के अनुसार, वार्षिक ड्रेस भत्ते की राशि का विवरण यहां दिया गया है: 

  • ₹20,000: सेना, नौसेना, वायु सेना, सीएपीएफ (CAPFs) और कोस्ट गार्ड के अधिकारी। 
  • ₹10,000: पुलिस अधिकारी, सैन्य नर्सिंग सेवाएं, सीमा शुल्क और उत्पाद शुल्क कर्मचारी, आव्रजन ब्यूरो, ICLS अधिकारी, NIA में कानूनी अधिकारी। 
  • ₹10,000: रक्षा, रेलवे और सीएपीएफ (CAPFs) में उप-अधिकारी स्तर के कर्मचारी। 
  • ₹5,000: ट्रैकमेन, रेलवे रनिंग स्टाफ, कार ड्राइवर और कैंटीन कर्मचारी। 

डीए (DA) वृद्धि का प्रभाव? 

हालांकि महंगाई भत्ते (डीए) में हालिया 2% की वृद्धि से भविष्य निधि और ग्रेच्युटी जैसे वेतन घटकों पर असर पड़ता है, लेकिन विशेषज्ञों का कहना है कि इससे ड्रेस भत्ते में अपने आप बदलाव नहीं होता है। ड्रेस या आवास भत्ते में किसी भी संशोधन के लिए अलग सरकारी निर्देशों की आवश्यकता होती है। 

निष्कर्ष 

ड्रेस भत्ते पर सरकार की संशोधित नीति कर्मचारी-केंद्रित सुधारों और उचित मुआवजे की दिशा में बदलाव को दर्शाती है। 

नए प्रो-राटा मॉडल के साथ, केंद्रीय सरकारी कर्मचारियों, विशेष रूप से नए भर्ती हुए कर्मचारियों को एक अधिक उत्तरदायी और संतुलित प्रणाली से लाभ होगा जो उनकी सेवा अवधि को स्वीकार करती है। 

अस्वीकरण: यह ब्लॉग केवल शैक्षिक उद्देश्यों के लिए लिखा गया है। उल्लिखित प्रतिभूतियां केवल उदाहरण हैं और सिफारिशें नहीं हैं। यह व्यक्तिगत सिफारिश/निवेश सलाह नहीं है। इसका उद्देश्य किसी भी व्यक्ति या संस्था को निवेश निर्णय लेने के लिए प्रभावित करना नहीं है। प्राप्तकर्ताओं को निवेश निर्णयों के बारे में स्वतंत्र राय बनाने के लिए अपना शोध और मूल्यांकन करना चाहिए। 

प्रतिभूति बाजार में निवेश बाजार जोखिमों के अधीन हैं, निवेश करने से पहले सभी संबंधित दस्तावेजों को ध्यान से पढ़ें। 

Power-Hitters vs. Defenders in Tata IPL 2025: Aggressive vs. Conservative Investment Strategies

Coaches and captains compose their team very carefully to achieve a balance. At one end, you have the power-hitters, who can turn a match around in a few overs. At the other, you have the dependable defenders, who anchor the innings, absorb pressure, and ensure stability.

The world of investing works in exactly the same way. Some investors chase big trades, swinging for the fences with high-risk, high-reward strategies. Others prefer to build their portfolios brick by brick, focusing on capital preservation and steady growth.

Both styles have their merits. And just like in Tata IPL 2025, the key lies in knowing your temperament, assessing the pitch (read: market conditions), and choosing your shot accordingly.

The Power-Hitters: Aggressive Investment Strategies

Aggressive investors are like T20 batsmen in the death overs. They’re comfortable with risk, thrive on market movement, and are unafraid of a few misses, as long as the big hits land.

Such traders typically employ the following strategies:

  • Derivatives trading (Futures & Options)
  • Small-cap and mid-cap stocks
  • Sector rotation and tactical plays
  • High-frequency trading or momentum plays

But hitting sixes isn’t only about brute force. It requires timing, placement, and reading the field. Likewise, aggressive investing also requires method, planning, and precise execution.

This is where AngelOne’s F&O Strategy Builder can help you. Think of it as your batting coach in the nets, helping you perfect those riskier shots.

The tool offers:

  • Predefined Strategies like Bull Call Spreads or Iron Condors for those who are still learning the ropes.
  • A Custom Strategy Builder, where seasoned players can handpick option contracts and test out combinations in real-time.
  • In-depth analytics including Payoff Graphs, Greek Calculations, and Strategy Charts that give you a granular look at your risk/reward ratio before you make a move.

It’s the kind of preparation that allows you to charge down the pitch with confidence, rather than hope.

How The Defenders in Tata IPL 2025 Suggest Conservative Investment Strategies?

If power-hitters are trying to clear the boundary, defenders are playing with soft hands, focusing on technique and staying power. These are the investors who prioritise:

  • Capital preservation
  • Regular income through dividends or interest
  • Low-cost, diversified investments
  • Long-term wealth accumulation

One of the most popular tools in a conservative investor’s kit is the ETF SIP. AngelOne’s ETF SIP feature lets you set up systematic investments in Exchange Traded Funds, combining the flexibility of stocks with the diversification of mutual funds.

It’s like a batter nudging singles and twos, slowly building an innings over time. ETFs spread your risk across sectors or asset classes, and SIPs automate the process, removing the emotion from investing. You don’t have to time the market, you just have to stay at the crease.

Over time, this approach benefits from rupee cost averaging, cushioning you from market volatility and ensuring that your investment journey remains steady, even during financial bouncers and swing spells.

Mixing Styles: The All-Rounder Trader

Modern sports like Tata IPL 2025 demands adaptability. Some formats have more space for specialists, but in T20, you need batsmen who can bowl, bowlers who can bat, and fielders who can fly.

Likewise, smart investors often blend aggressive and conservative strategies. A core-satellite approach can work well. In it, a large portion of your capital sits in stable instruments like ETF SIPs, while a smaller chunk is allocated to more aggressive strategies like F&O trades.

AngelOne supports traders on both ends of the spectrum. While the F&O Strategy Builder empowers the risk-takers with advanced tools and insights, the ETF SIP feature provides simplicity, discipline, and long-term vision for the steady players.

The blend of these tools lets you craft a portfolio that can defend well during downturns and go on the offensive when opportunity knocks.

Reading the Pitch in Tata IPL 2025: Market Conditions Matter

A good cricket captain adjusts the team based on pitch and weather conditions. A green top? Stack up the pacers. A turning track? Bring in the spinners.

Similarly, your investment strategy should adapt to the economic environment. In bullish markets, aggressive plays may pay off. In uncertain times, conservative strategies provide stability.

Both aggressive and conservative investors must continuously assess conditions. That’s why real-time market feeds, F&O analytics, and systematic auto-investing are crucial to make those tactical adjustments with clarity.

Temperament Over Technique

Ultimately, the choice between being a power-hitter or a defender isn’t about what’s “better”—it’s about what suits your personality.

If sleepless nights over stock prices aren’t your thing, you’re better off building your innings slowly with SIPs. If you thrive on calculated risks and have the time and skill to actively manage trades, aggressive strategies could give you that edge.

Even in sports events like Tata IPL 2025, some matches are won with a rapid 60 off 25 balls, while others require a gritty 100 off 120. The only commonality is that both innings require focus, awareness, and execution.

Final Word: Know Your Game, Play It Well

The best cricketers know when to defend and when to attack. Similarly, successful investors don’t just pick strategies—they adapt, prepare, and practice.

AngelOne’s F&O Strategy Builder and ETF SIP equip you with the tools that you need to succeed, no matter what your investment style.

So whether you’re a boundary-hitter or a block-and-rotate player, remember: in both cricket and investing, it’s not about every ball being a six or every session being slow. It’s about playing the right shot at the right time.

And with the right tools in your kit, you’re always ready to face whatever the market bowls at you.

Read more on: TATA IPL 2025: How Auction Bidding and Market Volatility Reflect Similar Decision-Making Principles

 

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.  

Vedanta Resources to Repay $920 Million Debt This Fiscal Year

In a strategic move to strengthen its financial standing, Anil Agarwal-led Vedanta Resources Ltd has outlined a comprehensive plan to reduce its debt burden. The company has committed to repaying $920 million in the current financial year and an additional $675 million in the next, as part of its ongoing deleveraging and liquidity management exercise. This development reflects the group’s enhanced focus on capital structure optimisation and long-term financial sustainability.

Vedanta’s Deleveraging Drive and Capital Strategy

Vedanta Resources has been actively engaged in reducing its debt by leveraging various strategic financial tools. Speaking during the fourth quarter earnings conference call, Vedanta’s Chief Financial Officer, Ajay Goel, stated, “So $920 million is a debt repayment to do in the current year. Next year, fiscal 2027, it’s about $675 million.”

The company’s declining need for cash is a result of its consistent deleveraging and refinancing efforts. “So overall, we as a group in terms of cash management are in a historical best position,” he explained. According to Goel, Vedanta India’s overall cash flow is currently much higher due to increased volumes and reduced costs.

The financial year also saw Vedanta undertake several significant capital market actions. These included ₹8,500 crores through qualified institutional placement, ₹3,150 crores via offer for sale of Zinc shares, and $0.5 billion through equity partnership at Vedanta Resources. In addition, the group successfully refinanced a $3.1 billion bond portfolio, extending maturities and securing better terms.

Strengthened Financials and Group Leverage

These initiatives have enabled Vedanta to achieve deleveraging worth $1.2 billion at the group level: $0.7 billion at the parent company, Vedanta Resources Ltd (VRL), and $0.5 billion at Vedanta India. As of 31 March 2025, the net debt of Vedanta Resources (standalone) stood at $4.9 billion.

Crucially, the group’s leverage ratio has improved significantly. “And the leverage at the group level has improved to 2x from 2.7x a year ago. With this progress, both Vedanta Ltd and its parent entity now maintain a stronger leverage position than most of our key global peers,” Goel highlighted.

Vedanta Resources, the holding company for Vedanta and Konkola Copper Mines, operates across a diverse portfolio including oil and gas, zinc, lead, silver, copper, iron ore, steel, nickel, aluminium, power, and glass substrate. This diversified operational base further supports the group’s financial resilience.

Read More: Vedanta Promoter Group Signs $530 Million Facility Agreement; No Direct Impact on Company Management

Vedanta Share Performance 

As of May 06, 2025, at 2:00 PM, Vedanta share price is trading at ₹415.15 per share, reflecting a decline of 1.04% from the previous closing price. Over the past month, the stock has surged by 10.99%.

Conclusion

Vedanta Resources’ continued commitment to reducing its debt profile and optimising cash flow management positions the group favourably within the global commodities landscape. Through strategic refinancing and capital market actions, the group has made significant strides towards achieving a robust and sustainable financial future.

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.

 

ETF Investment Sparkles: Silver Volumes Jump 3.3x, Outpacing Gold This Akshaya Tritiya

Akshaya Tritiya 2025 witnessed a sharp spike in investor interest in precious metal Exchange-Traded Funds (ETFs), with combined gold and silver ETF volumes almost tripling compared to the same occasion in 2024. According to data from the National Stock Exchange (NSE), industry-wide trading volumes soared from ₹224 crore in 2024 to ₹644 crore in 2025 — a 2.9x increase.

This trend underlines the shift towards digital investment formats, especially during festivals that traditionally encourage the purchase of gold and silver.

Silver Takes the Spotlight Amid Soaring ETF Volumes

While gold ETFs demonstrated strong growth, increasing from ₹130 crore to ₹331 crore year-on-year — a 2.5x rise — silver ETFs outperformed significantly. Volumes for silver ETFs rose from ₹95 crore to ₹313 crore, registering a striking 3.3x jump.

This momentum highlights a diversification trend among investors, with silver becoming a viable alternative to gold in ETF form.

Read More: Top 5 Low-Cost Gold ETFs in India with SIPs Starting from ₹99

Key Drivers Behind the ETF Boom

Convenience and Accessibility

One of the major factors fuelling ETF growth is investor convenience. ETFs allow participation in the gold and silver markets through a demat account, eliminating concerns over physical storage, theft, and purity verification. This simplicity is especially appealing to younger or tech-savvy investors.

Cost and Liquidity Advantages

Unlike physical gold, which includes making charges and storage costs, ETFs offer a more cost-efficient way to invest in precious metals. They also provide better liquidity and lower transaction costs. On Akshaya Tritiya 2025, impact costs averaged 20 basis points (bps) for gold ETFs and 32 bps for silver ETFs — with some of the most liquid ETFs offering impact costs as low as 2–3 bps, according to Value Research.

Investor Sentiment and Behavioural Shifts

Traditionally, Akshaya Tritiya has been a strong driver of physical gold sales. This pattern is now extending to digital formats. The combined gold and silver ETF turnover showed a marked increase in line with festive sentiment, with silver seeing faster uptake. This suggests that retail investors are broadening their horizons, viewing ETFs as an acceptable alternative to jewellery or coins.

Silver and Gold ETFs: Growing Share in Daily Turnover

In FY25, the average daily volume for gold and silver ETFs together represented nearly 60% of the total ETF turnover. This growth in market share reflects the increasing role these products are playing in India’s broader ETF ecosystem.

Understanding the Role of Hallmarking in Gold and Silver Purchases

While ETFs gain traction, physical purchases of gold continue, especially around festive occasions. In this context, the awareness and enforcement of hallmarking standards are critical to ensuring consumer protection.

Rise in Hallmarked Jewellery

According to a survey by LocalCircles, 65% of consumers who purchased gold jewellery in the past year confirmed that their purchases were hallmarked. However, 11% reported buying non-hallmarked items, and 24% were unsure. This data points to a gap in awareness despite the rollout of the six-digit Hallmark Unique ID (HUID) from July 1, 2023.

What Does a Hallmark Represent?

Under the Bureau of Indian Standards (BIS) Act, hallmarking certifies the purity of gold or silver items and confirms testing in licensed laboratories. A hallmark typically includes:

  • Purity level (e.g., 22K for 22-carat gold) 
  • BIS logo 
  • 6-digit HUID code 
  • Jeweller’s identification mark 

Exemptions and Consumer Awareness

Hallmarking is not mandatory for certain types of jewellery, including Kundan, Polki, and Jadau pieces, items under two grams, and specific non-jewellery items like fountain pens or gold thread. Only 18% of surveyed consumers were aware that a six-digit HUID is required for hallmarked items. Despite this, 73% said that mandatory hallmarking has increased their trust in the gold buying process.

Conclusion 

The Akshaya Tritiya 2025 data highlights a clear trend: Indian investors are increasingly leaning towards digital formats like ETFs for precious metals, driven by convenience, cost savings, and liquidity. At the same time, physical gold continues to be popular, underscoring the need for better awareness of hallmarking standards to protect consumer interests in offline purchases.

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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 are subject to market risks, read all scheme-related documents carefully.

IBL Finance Shares Surge 4.8% as AUM Crosses ₹100 Crore Milestone

IBL Finance Limited, a fintech-led NBFC listed on NSE Emerge, has announced a major business milestone — crossing ₹100 crore in Assets Under Management (AUM) by FY 2024–25. This achievement has been largely fuelled by its expanding network of strategic partnerships with 36 Non-Banking Financial Companies (NBFCs) across India. As of 12:08 PM on May 6, the IBL Finance share price surged 4.8%. 

Fintech-Driven Lending: A Brief Overview

Founded in 2017 and headquartered in Surat, IBL Finance has embraced Artificial Intelligence (AI) and data analytics to deliver quick and efficient lending solutions. The company serves both individuals and institutions, offering a broad spectrum of financial products. By the end of March 2025, it had disbursed loans worth ₹254.98 crore to over 1.86 lakh customers across the country.

A New Lending Vertical: Partnering with NBFCs

Post its listing and capital infusion, IBL Finance initiated a new vertical targeting lending to profitable and well-established NBFCs. This strategic expansion not only enhances the company’s credit quality but also grants it diversified exposure to retail loan portfolios across geographies. Under this initiative, the company has already disbursed ₹154 crore.

Read More: RBI Imposes ₹2.5 Crore Penalty on 5 Banks for Rule Violations

Year-on-Year AUM Growth

The company’s AUM has shown consistent growth over the past three financial years:

  • FY 2022–23: ₹17.85 crore

  • FY 2023–24: ₹56.18 crore

  • FY 2024–25: ₹104.99 crore

Crossing the ₹100 crore mark reflects both increasing trust in IBL’s model and the scalability of its asset-light approach.

Maintaining Strong Asset Quality

Despite its rapid expansion, IBL has preserved a strong asset quality with net NPA levels improving over time:

  • FY 2022–23: 3.94%

  • FY 2023–24: 1.90%

  • FY 2024–25: 1.99%

These figures suggest that the company’s strategic alliances are effectively balancing growth with risk mitigation.

Borrowing Strategy to Power Future Growth

To sustain its upward trajectory, IBL Finance is actively raising funds through multiple debt instruments, including term loans, non-convertible debentures (NCDs), bonds, and commercial papers. In FY 2024–25 alone, it secured ₹49.46 crore through term loans and NCDs, strengthening its capital base.

Conclusion

IBL Finance aims to build on its momentum by exploring new markets and technology-enabled lending solutions. With a scalable business model, steady asset quality, and forward-looking funding plans, the company is positioning itself as an important player in India’s retail MSME lending space.

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.