The Exchange has sought clarification from Oil & Natural Gas Corporation Limited with respect to recent news item captioned ONGC, Reliance Sign Resource-Sharing Pact to Strengthen India's Offshore Energy Push.. The response from the Company is awaited.
ONGC · price
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Awaiting price reaction for this filing.
The National Stock Exchange has asked ONGC to clarify a recent news article titled 'ONGC, Reliance Sign Resource-Sharing Pact to Strengthen India's Offshore Energy Push.' ONGC has not yet responded to the exchange's query. The original news item reportedly refers to a collaboration between ONGC and Reliance in offshore energy. The stock is on the exchange's radar pending clarification on the accuracy of the reported development.
This is a routine clarification request and does not indicate any regulatory action against ONGC. Shareholders should wait for the company's official response, which could confirm or clarify the reported partnership with Reliance.