About Company

Indian Energy Exchange Limited (“IEX”) was incorporated on March 26, 2007. IEX is the largest exchange for the trading of a range of electricity products in India. The company was promoted by Financial Technologies (India) Ltd (“FTIL”)(now known as 63 Moons Technologies Ltd) and PTC India Financial Services Ltd (“PFS”). Pursuant to divestment by them of the Equity Shares of IEX, they currently hold no Equity Shares in the company.

Currently, IEX is a professionally managed company and does not have an identifiable promoter in terms of the SEBI ICDR Regulations and the Companies Act, 2013. Consequently, it does not have a ‘promoter group’ in terms of the SEBI ICDR Regulations. Currently, Except for DCB Power Ventures Limited (“DCB”) that holds 15% of the paid up Equity Share capital of the company, no shareholder controls 15% or more of the voting rights in IEX.

IEX is a professionally managed company. In August 2016, IEX received 3 ISO Certifications: ISO 9001:2008 for quality management, ISO 27001:2013 for information security management and ISO 14001:2004 for environment management. They were recognized as the ‘Leader in Power Market Development’ by Council of Power Utilities in 2015 and awarded the ‘Exchange of the Year’ Award by Power Business View in 2014.