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IEX STAKE SELL
Indian Gas Exchange files for IPO as parent IEX looks to pare stakeIndian Gas Exchange has filed for an initial public offering. Parent Indian Energy Exchange will sell shares to comply with regulatory rule...- Forget the noise: These 54 smallcap stocks attracted FII buying in March quarterForeign institutional investors are strategically buying into beaten-down smallcap stocks in India, increasing stakes in 54 companies despi...
- This zero-debt firm powers its way up the ladder; ‘buy’ calls galoreThe stock, which was listed in 2017, is up more than 35 per cent so far in 2020 and currently trades at Rs 192.75, after tepid performance ...
- Reliance Infra sells 4 per cent stake in IEX for Rs 103 croreThe company offloaded its stake in IEX to a non-resident investor for Rs 103 crore, valuing the energy exchange at Rs 2,500 crore.
- FTIL exits from IEX, sells entire 19.06% stakeFinancial Technologies (FTIL) today exited from Indian Energy Exchange (IEX) by selling its entire 19.06 per cent stake in the bourse.
- FTIL to sell 1.58% stake in IEX to Madison India for Rs 34 croreFTIL today said that it has entered into an agreement with Madison India for sale of 1.58 per cent stake in Indian Energy Exchange for Rs 3...
- FTIL ups stake sale in IEX to 19.06% for Rs 410 crFTIL said it has entered into an amended share purchase agreement with five buyers to sell its 19.06% stake in IEX for Rs 409.95 cr.
- PFS opposes Indian Energy Exchange’s proposed Rs 108 crore tech deal with FTILPFS’ refusal to the deal is likely to have serious implications on the proposed move by FTIL to divest its little over 27% stake in the exc...
- Indian Energy Exchange in talks with FTIL for buying out technology solutionsLast month, FTIL entered into about Rs 576-crore deal to offload its 25.64 per cent shareholding in the bourse. The stake is to be sold to ...
- CERC gives more time to FTIL for completing IEX stake saleCERC has given Financial Technologies time till January 4 to comply with its directive to complete sale of its entire stake in Indian Energ...
- FTIL signs pact to sell Mauritius-based bourse for Rs 250 croreFTIL decided to exit the exchange business and focus on its core technology business after the Rs 5,600 crore scam surfaced at its Indian s...
- Financial Technologies gains over 3% on exiting IEXThe Central Electricity Regulatory Commission had ordered FTIL to sell its stake after it was declared not ‘fit and proper’ to hold stakes ...
- FTIL in pact to exit IEX by selling stake for Rs 576.84 croreFTIL said it will fully exit IEX by selling its entire stake to a clutch of investors, including TVS Shriram Growth Fund, for Rs 576.84 cro...
- CERC gives Financial Technologies more time for IEX stake saleThe CERC's decision came on a plea filed by Financial Technologies (India) Ltd seeking more time to complete the divestment process.
- Financial Technologies appoints investment banker to sell stake in IEXJignesh Shah-led FTIL is in process of divesting its stake in stocks & energy exchanges after it was declared unfit by SEBI, FMC & CERC.
- PE Kedaara Capital, eight others in race to buy FTIL’s stake in Indian Energy ExchangeThough as many as nine prospective buyers have taken the bid document, only Kedaara Capital had signed the Non Disclosure Agreement (NDA) w...
- TPG Capital, General Atlantic, PE Kedaara Capital eye stake in Indian Energy ExchangeFTIL has appointed Axis Capital to scout for buyers to sell its 24.89 per cent stake in India’s largest power exchange
- Uday Kotak eyes FT’s 15 per cent stake in Indian Energy ExchangeUday Kotak is said to be eyeing an opportunity in Financial Technologies, with the knowledge that Kotak Mahindra Bank is interested in pick...
- FTIL rallies on stake sale reports in Indian Energy ExchangeFTIL rallied over 9 per cent in today's trade on reports that the company is planning to sell its entire 24.89% stake in power-trading plat...
- Power trading may touch Rs 40,000 crElectricity trading volume on the New Delhi-based Indian Energy Exchange (IEX), is expected to cross the Rs 40,000-crore mark in the next f...
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