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Indian Energy Exchange: Further Investment Of Rs. 10 Crore In Indian Gas Exchange Limited Wholly-Owned Subsidiary Company


Dear Sir / Madam

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform that the Board of Directors in their meeting held today i.e. September 14 2020 has considered and approved the further investment of Rs. 10 crore in Indian Gas Exchange Limited wholly owned subsidiary of the Company by way of subscription to equity shares through Rights Issue.

The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No. CIR/CFD/ CMD/ 4/2015 dated September 9 2015 are given in "Annexure A".

You are requested to take above information on record.

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