🇮🇳 India Daybook: Raymond Realty Debuts, BHEL Secures Key Order

📍 NEW LISTINGS & IPO UPDATES

• Raymond Realty is set to commence trading on the stock exchanges today, July 1, 2025. This follows the finalization of its demerger from Raymond Ltd., where shareholders of Raymond Ltd. received one share of Raymond Realty for each share held.
• The share allotment for Ace Alpha Tech IPO is scheduled for today, July 1, 2025, with its listing on the BSE SME platform anticipated by July 3.

📍 CORPORATE ANNOUNCEMENTS

• Bharat Heavy Electricals Limited (BHEL) is expected to attract significant buying interest after securing a substantial ₹7,000 crore Engineering, Procurement, and Construction (EPC) order for NTPC's Talcher thermal power project.
• Tata Steel announced plans for a ₹16,000 crore investment to expand capacity at its Kalinganagar plant by 5 million tonnes per annum (MTPA).
• NMDC Ltd. has announced updated prices for its iron ore, effective July 1, 2025.
• Rossari Biotech Ltd., Tata Chemicals Ltd., and ICICI Lombard General Insurance Company Ltd. have filed their Annual General Meeting (AGM) outcomes and scrutinizer reports with the BSE today.

📍 DIVIDEND ANNOUNCEMENTS

Several companies have their dividend record dates on July 1, 2025:

• Cera Sanitaryware Ltd. (Dividend - ₹65 per share)
• JSW Infrastructure Ltd. (Final Dividend - ₹0.80 per share)
• Polychem Ltd. (Final Dividend - ₹20 per share)

📍 REGULATORY & POLICY UPDATES

• The National Stock Exchange (NSE) is set to launch electricity futures contracts starting July 11, 2025, aiming to enhance risk management for power market participants.
• The Indian government has extended import restrictions on low-ash metallurgical coke for another six months, effective from July 1, 2025, until December 31, 2025.
• From July 1, 2025, several financial rules come into effect, including mandatory Aadhaar verification for new PAN card applications and revised charges by major banks such as HDFC Bank and SBI Card. Additionally, GST return filing rules are tightened, making GSTR-3B non-editable after filing.
• Indian Railways is set to roll out a nationwide fare hike across all passenger classes, effective July 1, 2025. This is the first major increase since the COVID-19 pandemic.

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