Description

Waaree Energies Limited and Oil India Limited provide clarifications on news articles regarding fundraising and mineral block licensing respectively.

Summary

BSE received clarifications from two listed companies regarding news articles published on January 5, 2026. Waaree Energies Limited clarified a news item about its subsidiary raising Rs 1,003 crore, stating that a press release was already submitted to stock exchanges. Oil India Limited clarified news about signing a composite license deed for a graphite block in Arunachal Pradesh, noting the information was already public since November 7, 2024.

Key Points

  • Waaree Energies Limited (Scrip Code: 544277, Symbol: WAAREEENER):

    • Clarified news article titled “Waaree Energy Storage Solutions raises Rs 1,003 cr” published on economictimes.indiatimes.com
    • Press release intimation already disclosed to stock exchanges on January 5, 2026
    • Share price movement is market driven with no undisclosed price sensitive information
    • No regulatory or legal proceedings initiated
    • Confirmed compliance with Regulation 30 of SEBI (LODR) Regulations, 2015

  • Oil India Limited (Security Code: 533106, Symbol: OIL):

    • Clarified news about signing composite license deed for Phop Graphite in Arunachal’s Yazali
    • Original announcement made on November 7, 2024 regarding winning critical mineral block
    • Execution of composite license deed on January 2, 2026 is part of ongoing normal business process during licensing phase
    • Information already in public domain since November 7, 2024
    • No material impact on the company

Regulatory Changes

No regulatory changes announced. Both clarifications relate to existing disclosure requirements under Regulation 30 of SEBI (LODR) Regulations, 2015.

Compliance Requirements

  • Companies must provide clarifications when stock exchanges seek information on news items appearing in media
  • Companies must confirm whether any unpublished price sensitive information is pending disclosure
  • Companies must disclose any regulatory or legal proceedings related to news items
  • Continued compliance with Regulation 30 of SEBI (LODR) Regulations, 2015 is mandatory

Important Dates

  • January 5, 2026: Date of clarification circular and news article publication (Waaree Energies)
  • January 5, 2026: Press release intimation submitted by Waaree Energies
  • January 3-5, 2026: News article publication dates (Oil India)
  • January 2, 2026: Execution of composite license deed (Oil India)
  • November 7, 2024: Original announcement by Oil India regarding critical mineral block

Impact Assessment

Market Impact: Low. Both clarifications confirm that information was already disclosed through proper channels and no new material information is being revealed. Share price movements are attributed to market forces rather than undisclosed information.

Operational Impact: Minimal. The clarifications are procedural in nature, confirming compliance with disclosure norms. Oil India’s composite license execution is part of normal business operations during the licensing phase.

Investor Impact: These clarifications provide transparency regarding news articles but do not materially change the information landscape for investors, as the relevant information was already publicly available through prior disclosures.

Impact Justification

Routine clarifications on news articles with no new material information disclosed. Both companies confirmed compliance with existing disclosure requirements.