Announced Mon, 20 Apr · 16:22 IST

The Exchange has sought clarification from Indian Energy Exchange Limited with respect to recent news item captioned IEX shares fall 6% after CERC releases draft notification on market coupling norms. The response from the Company is attached.

Mgmt Evaded Key QuestionInvestor Communications View source PDF

IEX · price

Loading chart…

▲ 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
+0.9%1-day move
₹124.76
prior close
₹124.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+1.0+1.0+1.2+0.9+1.9-1.3+1.4+1.0+0.5+2.3+1.8+0.8-0.3
Up moveDown movePending
AI summary

The company responded to an NSE query about a news article reporting a 6% share price fall following CERC's draft notification on market coupling norms for power exchanges. IEX clarified that the draft notification proposes amendments to CERC (Power Market) Regulations, 2021, and is part of a stakeholder consultation process. The company noted this follows an earlier CERC order dated July 23, 2025, directing implementation of market coupling in the Day-Ahead Market segment from January 2026. IEX confirmed it is not aware of any undisclosed information that could explain the trading movement, stating the price action appears market-driven based on publicly available information. The draft regulations remain subject to review and final determination by CERC after stakeholder consultation.

Likely market impact

The company has not disclosed any material impact beyond what is already public; shareholders face regulatory uncertainty as the final shape of market coupling regulations could affect IEX's competitive position and revenue model.