#FTIL to sell its remaining stake in Indian Energy Exchange (IEX) for Rs.8 cr. pic.twitter.com/MMES2P536L
— Press Release Watch (@PrReleaseWatch) November 19, 2015
Jignesh Shah-led Financial Technologies (India) Ltd (FTIL) will sell its remaining 0.37 per cent stake in Indian Energy Exchange (IEX) for nearly Rs 8 crore to Madison India Opportunities. FTIL had nearly 26 per cent stake in power trading exchange IEX. The company started divesting stake in the bourse following the order by power sector regulator CERC to divest its entire stake in the power exchange.
