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Corporate News
09-Feb-21
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IEX to sell 5% stake in Indian Gas Exchange to GAIL (India)
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Indian Energy Exchange have executed a share purchase and shareholders agreement by and between IEX, IGX (subsidiary
Company of IEX namely, Indian Gas Exchange (IGX)) and GAIL (India) (A
Government of India Undertaking- A Maharatna Company) (GAIL), for sale of 5% stake in IGX to GAIL consisting of 36,93,750 equity shares, having a face value of Rs 10 each for cash consideration of Rs 3.69 crore.
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GAIL (India)
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