Brief: Indian Energy Exchange To Acquire 10% Stake In Enviro Enablers India

Indian Energy Exchange

06/10/2023 12:57

Oct 6 (Reuters) - Indian Energy Exchange Ltd  IIAN.NS :
    * ENTERED INTO SHARE SUBSCRIPTION AGREEMENT TO ACQUIRE 10%
STAKE
IN ENVIRO ENABLERS INDIA
    * TO ACQUIRE 10% STAKE IN THE EEIPL THROUGH COMPULSORY
CONVERTIBLE
PREFERENCE SHARES
    * EEIPL IS ENGAGED IN THE RECYCLING & WASTE MANAGEMENT
SERVICES
    * ACQUISITION WAS DONE AT A MUTUALLY AGREED PRE-MONEY
ENTERPRISE
VALUATION

Source text for Eikon:  ID: 
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