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Indian Energy Exchange acquires 1,26,500 shares through buyback

23 Feb 2023 Evaluate

Indian Energy Exchange (IEX) has bought back 1,26,500 of its shares for Rs 143.79 as acquisition price per unit. With this, IEX has so far acquired 40,23,659 of its shares through the medium. Pre- acquisition, cumulative equity shares bought as on February 21, 2023 is 38,97,159.

IEX is India’s premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and certificates including renewable energy certificates as well as the energy saving certificates.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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