IEX management · July 2026 · earnings call
“we have to bring this down to 25% within 5 years. In fact, this 5-year period was over in the month of December 2025. So, we took an extension of one year from the PNGRB. And therefore, to sell this 22.3% equity, we have offered that in the IPO.”
horizon: within extension period (by December 2026)
Nothing has been filed since.
Both the words and the numbers come from the exchange. River doesn't say whether the promise was kept — that reading is yours.
River keeps what management said.
It can keep what you said too.
It can keep what you said too.
Hold IEX? Write down why, and River brings it back when the next filing lands.
You had a reason for buying it. Nobody has put that reason back in front of you since — not after the results, not after the call.
Keep my reason for IEXWhat other management teams have said
Quoted from filings published by the National Stock Exchange of India. River is not an investment adviser and does not give investment advice.