Description
BSE circular containing clarifications from Waaree Energies Limited regarding fundraising news and Oil India Limited regarding graphite license agreement news articles.
Summary
BSE circular containing clarifications from two companies regarding news articles. Waaree Energies Limited clarified news about Waaree Energy Storage Solutions raising Rs 1,003 crore, confirming prior press release disclosure. Oil India Limited clarified news about signing composite license deed for Phop Graphite block in Arunachal Pradesh’s Yazali, confirming information already in public domain since November 2024.
Key Points
Waaree Energies Limited (Scrip Code: 544277, Symbol: WAAREEENER)
- Responded to news article dated January 5, 2026 about Waaree Energy Storage Solutions raising Rs 1,003 crore
- Confirmed press release intimation was disclosed to stock exchanges on January 5, 2026
- Stated share price movement is market driven with no unpublished price sensitive information pending disclosure
- No regulatory or legal proceedings initiated related to the announcement
- Confirmed compliance with SEBI LODR Regulation 30
Oil India Limited (Security Code: 533106, Symbol: OIL)
- Responded to news article dated January 3/5, 2026 about signing deed of agreement for composite license of Phop Graphite in Arunachal’s Yazali
- Original announcement was made on November 7, 2024 regarding winning the critical mineral block
- Execution of Composite License deed on January 2, 2026 is part of ongoing licensing phase process in normal course of business
- Information already in public domain since November 7, 2024
- Price movement cannot be attributed to the news item
- No material impact on the company
Regulatory Changes
No regulatory changes. Both companies confirmed compliance with existing SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30 regarding disclosure requirements.
Compliance Requirements
- Companies must provide clarifications when stock exchanges seek information about news articles
- Companies must confirm whether unpublished price sensitive information exists
- Companies must disclose if any regulatory or legal proceedings are initiated
- Compliance with Regulation 30 of SEBI LODR Regulations 2015 must be maintained
Important Dates
- January 5, 2026: Waaree Energies provided clarification; press release disclosed to exchanges
- January 2, 2026: Oil India executed Composite License deed
- November 7, 2024: Oil India’s original announcement about winning critical mineral block
Impact Assessment
Market Impact: Low - Both clarifications confirm information already disclosed or in public domain with no new material developments.
Operational Impact: Minimal - Routine compliance disclosures with no indication of operational changes or challenges.
Investor Impact: Low - No unpublished price sensitive information disclosed. Share price movements attributed to market forces rather than undisclosed material information.
Compliance Impact: None - Both companies confirmed adherence to disclosure regulations.
Impact Justification
Routine clarifications confirming already disclosed information with no new material developments or unpublished price sensitive information