Company Profile

INDIAN ENERGY EXCHANGE LTD.

NSE : IEXBSE : 540750ISIN CODE : INE022Q01020Industry : Power Generation/DistributionHouse : Private
BSE147.002.15 (+1.48 % )
PREV CLOSE (Rs.) 144.85
OPEN PRICE (Rs.) 142.00
BID PRICE (QTY) 146.25 (275 )
OFFER PRICE (QTY) 146.65 (14 )
VOLUME 4433
TODAY'S LOW / HIGH (Rs.)139.40 148.40
52 WK LOW / HIGH (Rs.)111.05 203.4
NSE145.95 1 (+0.69 % )
PREV CLOSE(Rs.) 144.95
OPEN PRICE (Rs.) 142.00
BID PRICE (QTY) 145.45 (24 )
OFFER PRICE (QTY) 145.75 (145 )
VOLUME 61874
TODAY'S LOW / HIGH(Rs.) 139.20 148.55
52 WK LOW / HIGH (Rs.)112.05 203.9

Company News

Date Heading Details
04-Apr-2020 IEX assures nation of 24X7 access to facilitate uninterrupted power supply <p align="justify">Indian Energy Exchange (IEX) has assured distribution utilities and the nation of uninterrupted 24X7 access to its platform to support the utilities supply uninterrupted power during the ongoing COVID-19 crisis. The utilities are urged to leverage current low costs to ensure that critical sectors like healthcare, public utilities, businesses can ensure business continuity in the wake of COVID-19 and provide 24X7 power supply so that end-consumers do not struggle with power-cuts at this critical time.</p><p align="justify">According to IEX, there is ample electricity available on its platform. The average price for March is currently at Rs 2.49 per unit and average price since March 22 at Rs 2.15 per unit. The company estimates that rates may continue to be on the lower side as the COVID situation unfolds.</p><p align="justify">IEX is India's first and no. 1 electricity exchange. It is a transparent, neutral, demutualised, nationwide, automated, online electricity trading platform. It enables efficient price discovery and price risk management for participants of the electricity market including industries eligible for open access through anonymous platform.<br></p>
16-Mar-2020 Announcement under Regulation 30 (LODR)-Resignation of Director Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that Mr. Mahendra Singhi (DIN: 00243835), Non-Executive Director of the Company, has resigned as a Director of the Company with effect from March 13, 2020 due to his other official commitments. The Board of Directors of the Company appreciates his valuable contributions and support during his tenure as Non-Executive Director of the Company. You are requested to take the above information on record.
11-Mar-2020 Corporate Action -Fixed Record Date Saturday, March 21, 2020 For Payment Of Interim Dividend For The Financial Year 2019-20 Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the Listing Regulations'), we wish to inform you that the Board of Directors of the Company in their meeting held today has, inter-alia, approved an interim dividend of Rs. 2.50 (Two Rupees Fifty Paise) per equity share of face value of Re. 1/- (Rupee One) each for the financial year ending March 31, 2020, based on the financial performance of the Company for the period ended December 31, 2019. In terms of Regulation 42 of the Listing Regulations, the Board has fixed Saturday, March 21, 2020 as the "Record Date" for the purpose of ascertaining eligibility of the shareholders for payment of Interim Dividend. The said Interim Dividend will be paid within a period of 30 days from the date of declaration. The Board Meeting commenced at 11:00 a.m. and concluded at 12:00 noon on same day.
11-Mar-2020 Outcome Of Board Meeting - Declaration Of Interim Dividend For The Financial Year 2019-20 Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the Listing Regulations'), we wish to inform you that the Board of Directors of the Company in their meeting held today has, inter-alia, approved an interim dividend of Rs. 2.50 (Two Rupees Fifty Paise) per equity share of face value of Re. 1/- (Rupee One) each for the financial year ending March 31, 2020, based on the financial performance of the Company for the period ended December 31, 2019. In terms of Regulation 42 of the Listing Regulations, the Board has fixed Saturday, March 21, 2020 as the "Record Date" for the purpose of ascertaining eligibility of the shareholders for payment of Interim Dividend. The said Interim Dividend will be paid within a period of 30 days from the date of declaration. The Board Meeting commenced at 11:00 a.m. and concluded at 12:00 noon on same day.
18-Feb-2020 Indian Energy Exchange informs about earnings conference call <p align="justify">Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Indian Energy Exchange has informed that it has attached transcript of earnings conference call held with analysts and investors on Monday, February 03, 2020, at 2:30 pm (IST) to discuss the financial results of the Company for the quarter ended December, 2019. The above information is also available on the website of the Company: www.iexindia.com<br></p><p align="justify">The above information is a part of company's filings submitted to BSE.<br></p>
18-Feb-2020 Indian Energy Exchange informs about investor presentation <p align="justify">Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Indian Energy Exchange has informed that it has attached an Investor Presentation for Q3 FY2020.<br></p><p align="justify">The above information is a part of company's filings submitted to BSE.<br></p>
17-Feb-2020 Indian Energy Exchange informs about newspaper publication <p align="justify">Indian Energy Exchange has informed that the Company has published Notice of Postal Ballot &amp; E-voting in newspaper, pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The company has enclosed copies of newspaper advertisement published in Business Standard (English) and Business Standard (Hindi) on February 15, 2020.<p align="justify">The above information is a part of company's filings submitted to BSE.</p>
17-Feb-2020 Shareholder Meeting / Postal Ballot-Notice of Postal Ballot Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, please find enclosed a copy of Postal Ballot Notice dated January 31, 2020 together with the Explanatory Statement and Postal Ballot Form sent to the members of the Company for their approval. The said documents are sent/dispatched to the members whose names appear on the Register of Members/ List of Beneficial Owners as on Friday, February 07, 2020 i.e. Cut-off date for the said purpose. The Company has engaged KFin Technologies Private Limited (formerly known as Karvy Fintech Private Limited) to offer e-voting facility to all its members to enable them to cast their votes electronically. The voting will commence from Monday, February 24, 2020 (9.00 a.m. IST) and ends on Tuesday, March 24, 2020 (5.00 p.m. IST). The above information is also available on the website of the Company: www.iexindia.com You are requested to take the above information on record.
01-Feb-2020 Announcement under Regulation 30 (LODR)-Resignation of Director Dear Sir / Madam, This is to inform you that the Board of Directors of the Company at their meeting held today i.e. January 31, 2020, noted and accepted the resignation of Mr. Gopal Srinivasan, Non-Executive Director of the Company, who tendered his resignation on January 30, 2020 (after closure of business hours) from the Board of the Company due to his other commitments. Accordingly, Mr. Srinivasan ceased to be a Director of the Company with effect from January 30, 2020. The Board of Directors of the Company also placed on record their sincere appreciation for the support and valuable guidance given by Mr. Srinivasan during his tenure as Non-Executive Director of the Company. You are requested to take the above information's on record.
01-Feb-2020 Re-Appointment Of Prof. Kayyalathu Thomas Chacko (DIN Dear Sir / Madam, This is to inform you that the Board of Directors of the Company at their meeting held on January 31, 2020, have considered and approved the following: 1. Re-appointment of Prof. Kayyalathu Thomas Chacko (DIN: 02446168) as a Non-Executive Independent Director of the Company Prof. Kayyalathu Thomas Chacko as Non-Executive Independent Director of the Company has been re-appointed for the second term, subject to the approval of the Members of the Company through special resolution. Detailed disclosure enclosed as Annexure-A. 2. Appointment of Secretarial Auditor of the Company for the Financial Year 2019-2020 M/s MNK And Associates LLP, Company Secretaries, New Delhi, through its designated partner Mohd. Nazim Khan, having COP: 8245, M. No. 6529 appointed as Secretarial Auditor of the Company for the financial year 2019-2020, to conduct the Secretarial Audit and issue the Annual Secretarial Compliance Report of the Company.