Indian Gas Exchange Board Approves Plans to Go Public for Fundraising

New Delhi: The Board of Indian Gas Exchange (IGX), an associate company of Indian Energy Exchange (IEX), has approved plans to go public through an Initial Public Offering (IPO) to raise funds. The equity shares have a face value of Rs 10 each. While the IPO process has been initiated, IEX has not disclosed details regarding the size, timing, or other modalities of the issue. Existing shareholders are expected to offer shares through the sale.

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