Iex buyback record date

The selling pressure dragged the scrip to touch intraday low of Rs

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.

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. Surprised to get the credit so early. Same here. Only 26 shares accepted out of 90 shares. The acceptance ratio thus come to The voting through postal ballot and through e-voting shall commence from Monday December 31, a. IST and shall end on Tuesday, January 29, p. The company has clocked a revenue of Cr in FY You must be logged in to post a comment.

The eligible shareholders who own the shares in physical form must present their broker with the original share certificates and supporting documents.

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.

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. Surprised to get the credit so early. Same here. Only 26 shares accepted out of 90 shares.

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. According to an exchange filing by the company, IEX will buyback 49,00, equity shares at a price not exceeding Rs apiece. Meanwhile, IEX has also received an approval for the formation of a wholly-owned subsidiary company in India. IEX is a mid-cap company that offers a national online trading network for the physical delivery of electricity, renewable energy and certificates. The stock has yielded a negative return of 23 per cent in the past 6 months. Business News » Markets News.

The loud house

Best Discount Broker in India. Company purchases the shares directly from the market using brokers -whoever selling at current market they may be absorbing it. Admin: This buyback is still active but new comment is blocked. The exchange platform increases the accessibility and transparency of the power market in India and enhances the speed and efficiency of trade execution. The selling pressure dragged the scrip to touch intraday low of Rs Indian Energy Exchange Buyback Registrar. Adityasingh Link January 17, PM. Leave a Reply Cancel reply You must be logged in to post a comment. Forgot your password? How to participate in the Indian Energy Exchange buyback? Out of participants registered to trade electricity contacts include 54 distribution companies, over electricity generators, and over 4, open access consumers.

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 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. Strange that total shares bought is much less at 52,77, based on extracted data than 64,54, reported on latest 11th march pdf on its site.. According to an exchange filing by the company, IEX will buyback 49,00, equity shares at a price not exceeding Rs apiece. Once you have shares in demat, you can participate in the buyback process which is opening from [ IEX is a mid-cap company that offers a national online trading network for the physical delivery of electricity, renewable energy and certificates. Unlimited Monthly Trading Plans. The company has clocked a revenue of Cr in FY The stock opened at Rs Motilal Oswal. India's National Highways Infra to debut private bond placement by April, sources say.