The Exchange has sought clarification from Mangalore Refinery and Petrochemicals Limited with respect to recent news item captioned MRPL halts fuel exports as Iran conflict disrupts crude flows in West Asia: Report. The response from the Company is attached.
MRPL · price
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NSE sought clarification from MRPL regarding a news article claiming the company halted fuel exports due to disruption in crude flows from West Asia amid the Iran conflict. MRPL has categorically denied the report, stating it has not declared any 'Force Majeure' and is unaware of the source of the news. The company has called the cnbctv18.com article dated March 5, 2026, factually incorrect. It also confirmed there is no undisclosed information that could explain any unusual movement in the stock's trading.
The company's denial may help stem any negative sentiment or speculation-driven selling pressure caused by the misleading report. Investors should note that fuel export operations are, per the company, unaffected, and no undisclosed material event is pending that would impact the stock.