Indian Energy Exchange Ltd (IEX) clarified that recent share price movement was market-driven by a CERC draft notification on market coupling norms. The company confirmed it has disclosed all material information and the draft regulations are part of a standard regulatory consultative process initiated by CERC.
Indian Energy Exchange (IEX) clarified that recent share price movement is market-driven following a CERC draft notification on market coupling norms. The company stated the notification is a regulatory consultative exercise in continuation of earlier orders and confirmed no undisclosed material information exists. IEX remains committed to timely disclosures in compliance with SEBI LODR regulations.