Indian Energy Exchange Limited to invest Rs. 6.25 crore in Indian Gas Exchange Ltd

The Board of Directors of Indian Energy Exchange Limited in their meeting held on October 05, 2020, has considered, and approved the further investment of Rs. 6.25 crore in Indian Gas Exchange Limited (IGX), wholly owned subsidiary of the Company, by way of subscription to equity shares through Rights Issue.

IGX is providing an automated trading platform for transacting, clearing, and settling trades in various types of Gas based contracts.

Shares of Indian Energy Exchange Ltd was last trading in BSE at Rs.213.2 as compared to the previous close of Rs. 215.55. The total number of shares traded during the day was 24497 in over 809 trades.

The stock hit an intraday high of Rs. 218 and intraday low of 211.6. The net turnover during the day was Rs. 5225475.

Source : Equity Bulls

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