Indian Energy Exchange Limited (IEX) has made a regulatory disclosure pursuant to Regulation 30 of the SEBI Listing Regulations regarding developments at its associate company, Indian Gas Exchange Limited (IGX).
The disclosure confirms that IGX has received an observation letter from the Securities and Exchange Board of India (SEBI) dated October 12, 2026. This observation letter pertains to the Draft Red Herring Prospectus (DRHP) filed by IGX for its proposed Initial Public Offering.
This intimation serves as a continuation of the company's previous disclosure made on July 15, 2026, which initially informed about the DRHP filing. The observation letter from SEBI represents a significant regulatory milestone in the IPO process, indicating that SEBI has reviewed the draft prospectus and provided its observations/comments.
The disclosure was signed by Vineet Harlalka, who holds the positions of CFO, Company Secretary & Compliance Officer at Indian Energy Exchange Limited (Membership No. ACS-16264). The company has stated that this information will also be made available on their official website at www.iexindia.com.
The disclosure was addressed to both BSE Limited (Corporate Relationship Department, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001) and National Stock Exchange of India Ltd (Listing Department, Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (E), Mumbai-400051).