India: Aditya Birla PE, Multiples PE sold IEX shares just ahead of IPO launch

Private equity investors Aditya Birla Private Equity and Renuka Ramnath-led Multiples Alternate Asset Management (Multiples PE) sold Indian Energy Exchange Ltd (IEX) shares worth Rs103 crore in private transactions, just a couple of days ahead of the launch of the company’s initial public offering (IPO).