Indian Energy Exchan News

IEX Power Market Update, June 2024.

Closure of Trading Window for unaudited Financial results for the quarter ending June 30, 2024.

Schedule of Investor Meeting as on June 21, 2024.

From Rs 144 on May 14 the IEX stock rose to Rs 170 on June 14 — an upside of over 24% in a month. The momentum fuelled a rally in the stock, which hit a fresh 52-week high of Rs 182 on June 14. After a prolonged consolidation of 2 years, it witnessed a time-wise and price-wise correction and eventually found support above 110 levels in June 2023. It quickly recouped losses and built on gains. Despite this, it failed to hold above the 170 level again in January 2024.

Schedule of Investor Meeting as on June 18, 2024.

Schedule of Investor Meeting as on June 14, 2024.

The NSE Nifty index was trading 60.65 points up at 23383.6

Schedule of Investor Meeting as on June 10, 2024.

Indian Energy Exchange's trade volume grew by 29% in May, with electricity volumes increasing by 21%. The renewable energy certificates (RECs) surged by 640.3% yearly, impacting obligated entities and voluntary customers. Proactive measures by the government and regulators influenced trading platforms and market prices.

IEX Power Market Update May, 2024.

Schedule of Investor meeting as on June 05, 2024.

The average daily price in the day-ahead market on the power exchange remained lower in May compared to peak periods last year, despite record-high peak demand. This indicates sufficient energy supply from various sources. The average price during May was ₹5.30 per unit, lower than last year's peak period of mid-August to mid-September, which was ₹7.75 per unit. Increased hydro and wind power generation have contributed to this improvement in supply. Even during days of record peak demand, prices remained relatively low on average.

Schedule of Investor Meeting as on May 23, 2024.

Earning Call Transcript for the meeting held on May 16, 2024.

IEX reported a 14.7% YoY increase in its PAT on May 15 along with a revenue at Rs 149.5 crore for the fourth quarter of the financial year 2024.

Newspaper publication of financial results for the quarter and year ended March 31, 2024.

Audio recording of Earning call held with investors to discuss the financial results of the Company for the quarter and year ended March 31, 2024.

Annual Secretarial Compliance report for the Financial Year ended March 31, 2024.

IEX Share Price: Indian Energy Exchange (IEX) shares surged by 4% on Wednesday on the Bombay Stock Exchange (BSE), reaching a high of Rs 151.30 for the day. This increase followed the company's announcement of a 14.7% year-on-year (YoY) rise in its quarterly profit after tax (PAT), reaching Rs 95.1 crore for Q4FY24

The Board of Directors in their meeting held today May15, 2024 has recommended Final Dividend of Rs.1.50 per equity share subject to shareholders approval at the ensuing annual general meeting.

The Board of Directors has fixed record date for Final Divided as May 31, 2024.

The Board approved Final Dividend of Rs.1.50 per equity share subject to the approval of shareholders at their ensuing Annual General Meeting.

The Board of Directors at their meeting held today i.e. May 15, 2024, has considered and recommended the appointment of new statutory auditors for the Company subject to shareholders approval at the ensuing Annual General Meeting.

Outcome of Board Meeting held on May15, 2024 .

Board of Directors of the Company in their meeting held today, May 15, 2024, have duly approved the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2024, along with Auditor's Report with unmodified opinion.Recommended final dividend of Rs. 1.50/- per equity share having face value of Re. 1/- each for the financial year ended March 31, 2024. As per Regulation 42, the Board has fixed Friday, May 31, 2024, as the Record Date.Considered and recommended the appointment of Statutory Auditors for the Company, the appointment of M/s Walker Chandiok & Co LLP, Chartered Accountants (Firm Registration No. 001076N/N 500013) as the new Statutory Auditors of the Company for a period of 5 (Five) consecutive years from the conclusion of the 18th AGM till the conclusion of the 23rd AGM. The meeting of the Board of Directors commenced at 06:30 PM and concluded at 08:47 PM on the same day.

Earnings Conference call with analysts and investors is scheduled on Thursday, May 16, 2024, at 02:30 pm (IST) to discuss the financial results of the Company for the quarter ended March 31, 2024.

Indian Energy Exchange Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/05/2024 ,inter alia, to consider and approve Audited Financial results for the Quarter and Year ended March 31, 2024 and Consider and recommended a final dividend, if any, for the financial year ended March 31, 2024.

IEX Power Market Update, April 2024.

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Mutual Fund

Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.