PPFAS Mutual Fund, along with persons acting in concert, has increased its stake in Indian Energy Exchange (IEX). The acquisition involved the purchase of additional shares, resulting in a total holding of 8,19,19,825 shares, which represents 9.19% of the company’s total share/voting capital. This transaction was completed on September 10, 2025, through open market purchases.
PPFAS Mutual Fund Increases Holding in IEX
PPFAS Mutual Fund has increased its stake in Indian Energy Exchange Limited (IEX) through open market purchases. The acquisition was completed on September 10, 2025.
Details of the Acquisition
Prior to the acquisition, PPFAS Mutual Fund held 8,09,28,741 shares, representing 9.08% of the total share/voting capital. Following the purchase of an additional 9,91,084 shares, the total holding now stands at 8,19,19,825 shares, equivalent to 9.19% of the total share/voting capital.
Impact on Share Capital
The equity share capital of IEX before and after the acquisition remains the same at Rs. 89,16,92,735, consisting of 89,16,92,735 shares with a face value of Re. 1 per share. The total diluted share/voting capital after the acquisition also remains unchanged at Rs. 89,16,92,735.
Source: BSE
