Indian Energy Exchange seeks shareholders’ nod to buyback shares worth Rs 98 crore

Indian Energy Exchange NSE 0.10 % (IEX) will seek shareholders’ approval through postal ballot to buyback shares worth up to Rs 98 crore. The board of directors in its meeting on November 25 has approved the cash offer for buyback of equity shares of face value of Rs 1 each at a maximum price of Rs 200 per share for an aggregate amount up to Rs 98 crore.

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