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IEX News

25 Nov 2022

IEX board approves share buyback; share prices jump over 3 per cent

IEX Board approved the proposal of buyback of fully paid-up equity shares having a face value of Re 1 each It said that the share price should not exceed Rs 200 per equity share The aggregate amount should not exceeding Rs 98,00,00,000 (Rs ninety-eight crores).

Indian Energy Exchange

23 Oct 2017

Indian Energy Exchange falls on market debut after $154 million IPO

The IPO was subscribed just over two times.

Indian Energy Exchange IPO

29 Sep 2017

Indian Energy Exchange IPO opens on October 9

Besides, through this exercise, we are bringing in more transparency and efficiency in our operations, he said.

Financial Technologies

10 Nov 2015

FTIL set to exit IEX, to sell remaining 0.37% stake

Financial Technologies has entered into an agreement with Madison India Opportunities.

Financial Technologies India Ltd

23 Sep 2015

FTIL ups stake sale in IEX to 19.06% for Rs 410 cr

Financial Technologies India Ltd (FTIL) on Wednesday said it has entered into an amended share purchase agreement with five buyers to sell its 19.06 percent stake in Indian Energy Exchange(IEX) for Rs 409.95 crore.

02 Jul 2015

SC stays CERC order asking FTIL to transfer its shares of IEX

The Supreme Court on Thursday stayed the order of power sector regulator CERC asking Financial Technologies India Ltd (FTIL) to transfer all its shares of India Energy Exchange (IEX) to a trust demat account.

29 Jun 2015

CERC asks FTIL to transfer stake in IEX to trust a/c by Jul 2

Power sector regulator CERC has asked Financial Technologies to transfer its entire stake in India Energy Exchange (IEX) to a trust demat account of the bourse by July 2 and fully exit the exchange by July 20.

19 Jun 2015

FTIL signs new pact to sell 16.6% stake in IEX for Rs 357 cr

FTIL is divesting its stake in IEX following the direction from regulator Central Electricity Regulatory Commission's (CERC) in May last year in the wake of the Rs 5,600 crore payment scam at FTIL's group firm NSEL.

05 Apr 2015

Over 1 crore renewable energy certificates unsold at IEX

Renewable Energy Certificates (RECs) are aimed at providing an easier avenue for various entities, including power distribution companies, to meet their green-energy obligations.

14 Dec 2014

IEX in talks with FTIL for buying out technology solutions

Indian Energy Exchange is in talks with its erstwhile promoter FTIL, which is in the process of exiting the bourse, for buying out the application software and other solutions used for its trading platform.

03 Oct 2014

CERC gives Financial Technologies more time for IEX stake sale

The Central Electricity Regulatory Commission's (CERC) decision came on a plea filed by Financial Technologies (India) Ltd (FTIL) seeking more time to complete the divestment process.

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