Indian Energy Exchange Limited has announced a board meeting scheduled for April 23, 2026, to consider and approve the company's audited financial results for the financial year ended March 31, 2026. The meeting will also deliberate on recommending a final dividend for FY26.

Board Meeting Agenda

The board meeting, convened under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, will address two primary matters. The directors will consider and approve both standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026.

Dividend Consideration

The board will also consider and recommend a final dividend for the financial year ended March 31, 2026, subject to approval. This decision represents a key outcome for shareholders awaiting returns on their investment for the completed financial year.

Trading Window Restrictions

The company has confirmed that the trading window for dealing in shares is already closed and will remain so until 48 hours after the declaration of the financial results. This measure ensures compliance with insider trading regulations during the results announcement period.

Corporate Communication

The board meeting intimation was signed by Vineet Harlalka, Chief Financial Officer, Company Secretary & Compliance Officer, and communicated to both BSE Limited and National Stock Exchange of India Limited. The company maintains its registered office in New Delhi and corporate office in Noida, with comprehensive information available on its website www.iexindia.com .

Indian Energy Exchange Limited has announced record-breaking performance across multiple market segments for FY26, achieving its highest ever annual electricity traded volume of 141 BU with a 17% year-on-year growth. The company's diversified market portfolio demonstrated robust expansion, with the Real-Time Market leading growth at 41% and the Green Market segment advancing 23% during the fiscal year.

Annual Performance Highlights

The exchange's FY26 performance reflects strong market dynamics despite challenging pricing conditions. Key achievements include the highest ever yearly trade of Renewable Energy Certificates at 187.20 lakh RECs, marking a 5% year-on-year increase.

Market Segment Performance

The Day-Ahead Market (DAM) including HPDAM achieved 62.78 BU for FY26, compared to 61.31 BU in FY25, registering a 2.4% year-on-year increase. The Real-Time Electricity Market (RTM) delivered exceptional growth, achieving 54.85 BU for FY26 compared to 38.90 BU in FY25, representing a 41% year-on-year increase.

The Day Ahead Contingency and Term-Ahead Market (TAM), comprising HPTAM, contingency, daily, weekly and monthly contracts up to 3 months, traded 12.72 BU in FY26 compared to 11.77 BU in FY25, registering an 8.0% year-on-year increase.

Green Market and REC Trading

IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 10.78 BU compared to 8.75 BU in FY25, marking a 23% year-on-year increase. The weighted average price in Green Day-Ahead Market (G-DAM) for FY26 at Rs 3.59/unit declined 10.6% compared to FY25.

The Renewable Energy Certificate market maintained steady growth with 187.20 lakh RECs traded during FY26, representing a 5% year-on-year increase.

Quarterly and Monthly Records

Q4FY26 delivered outstanding performance with the highest ever quarterly electricity traded volume of 39.4 BU, marking a 24.3% year-on-year increase. The quarter also recorded the highest quarterly trade of RECs at 71.70 lakh certificates, showing 6.1% year-on-year growth.

March 2026 set a new monthly record with 13.90 BU electricity traded volume, representing a 23.5% year-on-year increase. The month witnessed exceptional REC trading activity with 28.94 lakh certificates traded, marking a remarkable 119.9% year-on-year increase.

Market Dynamics and Pricing

Despite volume growth, pricing remained under pressure due to enhanced supply liquidity from improved wind, hydro and solar generation along with sustained coal-based supply. The country's power demand grew by 1.1% year-on-year during FY26, while energy consumption reached 149.56 BUs in March 2026, showing 1.8% growth compared to the previous year.

For March 2026, the Day Ahead Market clearing price at Rs 4.20/unit declined 6% year-on-year, while the Real Time Market price at Rs 3.71/unit declined 10.5% year-on-year, reflecting the impact of higher supply availability on the exchange platform.