Indian Gas Exchange files for IPO as parent IEX looks to pare stake
14/07/2026 19:26
Indian Gas Exchange files for IPO as parent IEX looks to pare stake July 14 (Reuters) - Indian Gas Exchange (IGX) has filed for an initial public offering, draft papers showed on Tuesday, as parent Indian Energy Exchange (IEX) IIAN.NS looks to pare its stake in the gas trading exchange to comply with shareholding rules.
IEX will sell up to 16.7 million shares in the offering, with a proposed listing of IGX on the BSE, according to its draft prospectus.
(Reporting by Bipasha Dey in Bengaluru; Editing by Shailesh Kuber)
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