India Energy Exchange Turns Ex-Bonus; Shares Surge 15%

Shares of the country's energy marketplace, India Energy Exchange (IEX), rose as much as 15 per cent to hit an intraday high of Rs 278.70 after the stock turned ex-bonus in ratio of 2:1. The company has fixed December 6, 2021 as the record date for ascertaining the eligibility of shareholders entitled for issuance of bonus equity shares of the company in the proportion of two equity shares of Rs 1 each for every one existing equity s...