Dalmia Cement (Bharat) has purchased shares of Indian Energy Exchange (IEX) worth nearly Rs 98 crore through open market transaction. As per the bulk deal data on BSE, over 51.49 lakh scrips of the firm were picked up by Dalmia Cement (Bharat) at Rs 190.1 per share.
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.