BSECompany Update2d ago · 13 Oct 2026, 01:20 pm

In continuation of our intimation dated July 15, 2026, we wish to inform that Indian Gas Exchange Limited, an associate company of Indian Energy Exchange Limited, has informed the Company that it has received an observation letter from SEBI on October 12, 2026 on the Draft Red Herring Prospectus filed for its proposed Initial Public Offer.

Indian Energy Exchange Ltd · 540750

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Indian Energy Exchange Ltd's associate company, Indian Gas Exchange Limited, received an observation letter from SEBI on its Draft Red Herring Prospectus for the proposed Initial Public Offering.

Analysis Scores

Earnings Impact2/10
Growth Catalyst2/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Indian Energy Exchange Ltd - 540750 - An Associate Company, Indian Gas Exchange Limited, Received An Observation Letter From SEBI On The DRHP Filed For Its Proposed IPO.

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Dated: October 13, 2026 The Manager The Manager BSE Limited National Stock Exchange of India Ltd Corporate Relationship Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot No. C/1 Dalal Street G Block, Bandra Kurla Complex Mumbai- 400001 Bandra (E), Mumbai-400 051 Scrip Code: 540750 Symbol: IEX Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) - Receipt of Observation Letter from SEBI by Indian Gas Exchange Limited, An Associate Company of IEX, for Proposed Initial Public Offering. Dear Sir / Madam, In continuation of our intimation dated July 15, 2026, and pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform that Indian Gas Exchange Limited (“IGX”), an Associate Company of Indian Energy Exchange Limited (“the Company”), has informed the Company today that it has received the observation letter from SEBI on October 12, 2026, on the Draft Red Herring Prospectus (“DRHP”) filed for its proposed Initial Public Offer. The above information will also be made available on the website of the Company: www.iexindia.com You are requested to take the above information on record. Thanking You. Yours faithfully, For Indian Energy Exchange Limited Vineet Harlalka CFO, Company Secretary & Compliance Officer Membership No. ACS-16264 Indian Energy Exchange Ltd Registered Office: C/o Avanta Business Centre, First Floor, Unit No. 1.14(a), D2, Southern Park, District Centre, Saket, New Delhi–110017, India Corporate Office: 9th Floor, Max Towers, Sector 16B, Noida, Uttar Pradesh–201301 , India Tel: +91-011-3044 6511 | Tel: +91-120-4648 100 | Fax No.: +91-120-4648 115 CIN: L74999DL2007PLC277039 | Website: www.iexindia.com