We hereby clarify that the MRPL has not declared any FORCE MAJEURE and is unaware about the mentioned news item and its source. Further, the above mentioned news item published in https://www.cnbctv18.com dated 05th March, 2026 is factually incorrect.
MRPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
MRPL has issued a clarification in response to a BSE Surveillance query about a CNBC TV18 news article dated 5 March 2026 that claimed MRPL had halted fuel exports due to disruption in crude flows from West Asia amid the Iran conflict. The company has firmly denied the report, stating it has not declared any Force Majeure and is unaware of the news item or its source. MRPL has called the news report factually incorrect. In its seriatim reply, the company also confirmed there is no undisclosed information that could explain any unusual movement in the stock's trading.
This is a positive clarification for shareholders as it removes the overhang of negative speculation around export disruption and Force Majeure. Investors who may have sold on the news can take some relief, though the stock may still see volatility given the geopolitical backdrop and the company's exposure to crude oil supply chains.