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 buyback record date come? Know the complete details from Arman Nahar.

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.

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. With over 7, registered participants from 36 States and Union Territories, the exchange enables efficient price discovery and increases the accessibility and transparency of the power market in India while also enhancing the speed and efficiency of trade execution. Among its participants are 57 distribution companies, over electricity generators, and over open-access consumers. There is no shareholder entitlement since the buyback will be conducted through open market purchases. All eligible shareholders of the company who own shares in the physical or demat form on the record date may participate in the buyback offer through their stockbroker. The eligible shareholders who hold the shares in demat form must notify their brokers of the details of the equity shares that they wish to tender in the buyback offer. In turn, the broker would place a buyback order on the stock exchange. The eligible shareholders who own the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS Transaction Registration Slip to the registrar. Since the shares in circulation are reduced by these operations, the fair value of the remaining shares increases, effectively making them more valuable. Indian Energy Exchange share buyback opens on 11 January and closes on 15 March Save my name, email, and website in this browser for the next time I comment. Sign in.

What is IEX buyback price? India's National Highways Infra to debut private bond placement by April, sources say. Know the complete details from Arman Nahar.

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.

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. With over 7, registered participants from 36 States and Union Territories, the exchange enables efficient price discovery and increases the accessibility and transparency of the power market in India while also enhancing the speed and efficiency of trade execution. Among its participants are 57 distribution companies, over electricity generators, and over open-access consumers. There is no shareholder entitlement since the buyback will be conducted through open market purchases. All eligible shareholders of the company who own shares in the physical or demat form on the record date may participate in the buyback offer through their stockbroker. The eligible shareholders who hold the shares in demat form must notify their brokers of the details of the equity shares that they wish to tender in the buyback offer. In turn, the broker would place a buyback order on the stock exchange. The eligible shareholders who own the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS Transaction Registration Slip to the registrar. Since the shares in circulation are reduced by these operations, the fair value of the remaining shares increases, effectively making them more valuable.

Iex buyback record date

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.

Renault f1 merchandise

What is the offer price for Indian Energy Exchange Buyback offer? Buy Back Offer Deal:. Any equity shareholder holding the shares in Demat form can participate in the buyback offer through their stockbroker. Is Indian Energy Exchange Buyback good or bad? Log into your account. India's National Highways Infra to debut private bond placement by April, sources say. The Indian Energy Exchange Buyback has announced a buyback for an aggregate amount of not more than Rs. Load More. The selling pressure dragged the scrip to touch intraday low of Rs Multibagger Penny Stocks for View in App. How to participate in the Indian Energy Exchange buyback? You have entered an incorrect email address!

Home Latest News. CNBC Awaaz.

The trade would get executed at the offer price or lesser only when the price offered by the shareholder matches with the buy order placed by the company. Investing for a better tomorrow Link February 21, PM. Know the complete details from Arman Nahar. What is IEX buyback record date? Sign in. Save my name, email, and website in this browser for the next time I comment. FASTAG kyc update deadline extended news login last date rechage online balance check icici sbi axis bank fastag. Phone : , Email : einward. 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. IEX is a mid-cap company that offers a national online trading network for the physical delivery of electricity, renewable energy and certificates. Written By: Shivani Tiwari.