Iex buyback record date

The main activity of the company is to provide an automated platform and infrastructure for carrying out trading in electricity units for the physical delivery of electricity.

The company is the premier energy marketplace, providing a nationwide automated trading platform for the physical delivery of electricity, renewables, and certificates. The Exchange has had ISO Certifications for quality management, Information security management and environmental management since August and is approved and regulated by the Central Electricity Regulatory Commission and has been operating since 27 June Public Announcement. Phone : , Email : einward. The Indian Energy Exchange Buyback has announced a buyback for an aggregate amount of not more than Rs.

Iex buyback record date

The selling pressure dragged the scrip to touch intraday low of Rs IEX Share Buyback News, Expected Price: Previously, the share buyback programme of approximately 60 per cent of the cash bank of Rs 69 crore was announced by the New Delhi headquartered company in through the tender offer route. What price will the buyback of IEX come? Know the complete details from Arman Nahar. IEX buyback news: Check expected share buyback price; Should you buy? NEFT records a high of over 4 crore single-day transactions. Market guru Anil Singhvi selects 2 index, 1 multi asset and 1 sectoral mutual fund; know his picks. India's National Highways Infra to debut private bond placement by April, sources say. Multiple landslides block Srinagar-Jammu national highway. Investment plans for monthly income in India. FASTAG kyc update deadline extended news login last date rechage online balance check icici sbi axis bank fastag. RBI says Weather Update: Fresh snowfall in parts of Kashmir. GPT Healthcare falls over 7. Delhi weather update: City records minimum temperature of

The exchange platform increases the accessibility and transparency of the power market in India and enhances the speed and efficiency of trade execution.

According to an exchange filing, IEX will buyback shares worth Rs 98 crore via open market. The stock opened at Rs The selling pressure dragged the scrip to touch intraday low of Rs Zee Business panellist and market expert Sandeep Jain said that although the Return on Equity is good and the company fundamentals are good, the view on the stock is cautious. He said that the buyback plan will definitely lend support and added that the company should have announced the buyback programme via tender route. According to an exchange filing by the company, IEX will buyback 49,00, equity shares at a price not exceeding Rs apiece.

Home Latest News. CNBC Awaaz. CNBC Bajar. Market Live. Mind Matters. Climate Clock. Marquee Nights.

Iex buyback record date

Providing an automated platform for physical delivery of electricity, IEX enables efficient price discovery and offers participants the opportunity to trade in a variety of energy products. The exchange platform increases the accessibility and transparency of the power market in India and enhances the speed and efficiency of trade execution. Today, more than participants are registered on the exchange and are located across utilities from 29 States, 5 Union Territories UTs. Over 4, registered participants were eligible to trade electricity contracts and over 4, registered participants were eligible to trade RECs, as of March Out of participants registered to trade electricity contacts include 54 distribution companies, over electricity generators, and over 4, open access consumers. As of March in addition to participants who traded electricity contracts, participants registered to trade RECs included over 1, renewable energy generators and over 3, industry and corporate customers. The benefiting open access consumers belong to various industries such as metal, food processing, textile, cement, ceramic, chemicals, automobiles, information technology industries, institutional, housing, and real estate and commercial entities.

Proje asistanı maaş

January 11, - March 15, Load more comments 5 replies. What is IEX buyback price? Rajesh Link January 11, AM. Indian Energy Exchange Buyback Manager. Indian Energy Exchange Limited Buyback What is the issue size of Indian Energy Exchange Buyback? Over 4, registered participants were eligible to trade electricity contracts and over 4, registered participants were eligible to trade RECs, as of March How to Participate in buyback? Today, more than participants are registered on the exchange and are located across utilities from 29 States, 5 Union Territories UTs. The buyback may help in improving return on equity and other financial ratios, by a reduction in the equity base, thereby leading to a long-term increase in shareholders' value.

According to a BSE filing, the IEX has listed a special resolution -- approval for the buyback of equity shares in the postal ballot notice. The buyback is being undertaken after taking into account the operational and strategic cash requirements of the company in medium term and for returning surplus funds to the members in an effective and efficient manner, it explained. Milestone Alert!

Save my name, email, and website in this browser for the next time I comment. Edited By: Abhinav Ranjan. The broker will place a sell order whenever the company places a buy order for the buyback. I have full spreadsheet image but could not find how to upload. Open Online Demat Account. Written By: Shivani Tiwari. Since the shares in circulation are reduced by these operations, the fair value of the remaining shares increases, effectively making them more valuable. You or retailers cant participate in this type of buyback where you cant tender your shares. Unlimited Monthly Trading Plans. NEFT records a high of over 4 crore single-day transactions. The Indian Energy Exchange Buyback offers an opportunity for the shareholders to exit their positions at a premium price. There is no shareholder entitlement since the buyback will be conducted through open market purchases. Zee Business panellist and market expert Sandeep Jain said that although the Return on Equity is good and the company fundamentals are good, the view on the stock is cautious.