Indian Energy Exchange Limited has announced the designation of two Vice Presidents as Senior Management Personnel under the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Senior Management Designations

The company has designated the following employees as Senior Management Personnel, as defined under Regulation 16(1)(d) of the SEBI Listing Regulations:

Professional Background - Mr. Gaurav Maheshwari

Mr. Gaurav Maheshwari brings over 17 years of expertise in power markets, regulatory affairs, risk management, and policy advocacy. He has been associated with the company for more than 14 years and currently leads Regulatory Affairs, Risk & IEX Academy.

Educational Qualifications:

• B.E. in Electrical Engineering from University of Rajasthan
• MBA in Power Management from UPES Dehradun, Uttarakhand
• LLB from Chaudhary Charan Singh University Meerut, Uttar Pradesh

Key Responsibilities:

• Steering Market Surveillance Committee since October 2023
• Leading Risk Assessment & Management Committee
• Managing Enterprise Risk Management Committee
• Instrumental in designing landmark market innovations including Real-Time Market (RTM), Green Day Ahead Market (GDAM), Derivatives, and Cross-Border Power Trading

His previous tenure at the Central Electricity Regulatory Commission (CERC) provided foundational understanding of systemic risks across Generation, Transmission, and Distribution sectors.

Professional Background - Mrs. Aparna Vyas Garg

Mrs. Aparna Vyas Garg is a seasoned Corporate Communications and Investor Relations professional with over 13 years of experience across consulting, telecom, and energy sectors.

Educational Qualifications:

• Bachelor's degree in Economics from Lady Shri Ram College
• PGDM in Finance with minor in Marketing from IMT Ghaziabad

Professional Experience:

• Previous roles with leading global organizations including Deloitte, McKinsey & Company, and Bharti Airtel
• Current role as Vice President – Corporate Communications and Investor Relations

Key Responsibilities:

• Corporate positioning and stakeholder engagement
• Investor and analyst relations
• Media relations and regulatory communications
• Strategic communications and crisis management
• Marketing communications and corporate events

Regulatory Compliance

The designation has been made pursuant to Regulation 30 of the SEBI Listing Regulations. The company has informed both BSE Limited (Scrip Code: 540750) and National Stock Exchange of India Ltd (Symbol: IEX) about this development through proper regulatory filings.

The information has been made available on the company's website at www.iexindia.com as part of transparency and disclosure requirements. CFO, Company Secretary & Compliance Officer Vineet Harlalka signed the regulatory filing on April 23, 2026.

Indian Energy Exchange has announced that its board of directors has recommended a final dividend of ₹2 per share for shareholders.

Dividend Recommendation Details

The company's board has formally recommended the distribution of ₹2 per share as final dividend to eligible shareholders. This dividend recommendation represents a direct cash return to investors in the energy trading platform.

Corporate Action Significance

The final dividend recommendation marks an important corporate action for Indian Energy Exchange shareholders. Once the dividend proposal receives shareholder approval, eligible investors will receive the cash distribution as per the company's dividend payment schedule.

The ₹2 per share final dividend demonstrates the company's commitment to returning value to shareholders through regular cash distributions. This corporate action will require formal approval from shareholders before the dividend payment process can be initiated.