Announced Fri, 25 Sept, 2026 · 16:37 IST
IEX subsidiary applies to CCO for Coal Exchange registration license
IEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-5.6%1-day move
₹112.70
prior close
₹112.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-0.9-0.7-0.9-5.6-5.1-6.0-7.5-7.1-7.9————
Up moveDown movePending
AI summary
IEX's wholly owned subsidiary Indian Coal Exchange Limited has applied to the Coal Controller Organisation (CCO) on September 25, 2026 for a license to operate as a Coal Exchange under the Coal Exchange Rules, 2026. The application is pending scrutiny and approval. This marks IEX's planned expansion into coal trading as a new business vertical beyond power. Material developments will be shared with stock exchanges in due course.
Likely market impact
Potential diversification into coal exchange; revenue impact depends on CCO approval and scale of operations.