TVS Capital and its co-investors have bought Financial Technologies India Limited’s (FTIL) stake in Indian Energy Exchange Limited (IEX)..Agri Power and Engineering Solutions also proposed to invest a total of around 577 crore in IEX along with TVS Capital..The DSK Legal team comprising Co-Founding Partner Satish Kishanchandani, Manager Pritha Jha, Senior Associate Shoubhik Dasgupta and Associate Ishita Luthra advised TVS Capital..FTIL was advised by JSA, led by Partner Rinku Ambekar. Agri Power was advised by Nishith Desai Associates’ Partner Nishal Joshipura along with Senior Associate Deepak Jodhani and IEX was advised by Amarchand Mangaldas Mumbai Partner Yash Ashar..IEX is a power trading platform which provides a neutral, demutualized and automated platform for physical delivery of electricity..Image taken from here.
TVS Capital and its co-investors have bought Financial Technologies India Limited’s (FTIL) stake in Indian Energy Exchange Limited (IEX)..Agri Power and Engineering Solutions also proposed to invest a total of around 577 crore in IEX along with TVS Capital..The DSK Legal team comprising Co-Founding Partner Satish Kishanchandani, Manager Pritha Jha, Senior Associate Shoubhik Dasgupta and Associate Ishita Luthra advised TVS Capital..FTIL was advised by JSA, led by Partner Rinku Ambekar. Agri Power was advised by Nishith Desai Associates’ Partner Nishal Joshipura along with Senior Associate Deepak Jodhani and IEX was advised by Amarchand Mangaldas Mumbai Partner Yash Ashar..IEX is a power trading platform which provides a neutral, demutualized and automated platform for physical delivery of electricity..Image taken from here.
