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.

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