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Dalmia Power Offloads 4.47 % Stake In IEX For Rs 487.55 Crore
Copthall Mauritius Investment Ltd and Societe Generale purchased shares of Indian Energy Exchange worth Rs 59.99 crore and Rs 80.1 crore, respectively.
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Dalmia Power Ltd on Thursday said it has sold a 4.47 per cent stake in Indian Energy Exchange (IEX) for Rs 487.55 crore through an open market transaction.
The Dalmia Bharat group firm has sold 1.34 crore equity shares, the group said in a regulatory update.
“Dalmia Power Ltd, a wholly-owned subsidiary of Dalmia Bharat Ltd has sold 1.34 crore equity shares (4.47 per cent shareholding) of IEX in the open market today i.e. May 20, 2021, at a consideration of Rs. 487.55 crore.