The Indian Gas Exchange has submitted its preliminary IPO documents to market regulator SEBI. This public offering will be conducted as an offer for sale (OFS), with the parent entity, Indian Energy Exchange (IEX), intending to divest up to 16.7 million shares. This move will lower IEX's ownership in the exchange from 47.3% to 25%. The company plans to list these shares on the BSE.

by shortkt.com✓

6 घंटे पहले