Indian Energy Exchange Limited announced the cessation of Mr. Rajeev Gupta as Director of the Company with effect from July 17, 2022, being the last date fixed for e-voting. Reason for change is Shareholders have not approved the proposed special resolution being sought through postal ballot for appointment of Mr. Rajeev Gupta as an Independent Director of the Company. Accordingly, Mr. Rajeev ceased to be the Director of the Company with effect from July 17, 2022.