Indian Energy Exchange Limited (IEX) has issued a clarification regarding a news item published on moneycontrol.com on January 9, 2026, captioned “IEX shares recover 7% from day’s low as CERC seeks more time on withdrawal of coupling order”. The news item referred to proceedings before the Appellate Tribunal for Electricity (APTEL) concerning IEX's challenge to a Suo-Motu Order dated July 23, 2025, issued by the Central Electricity Regulatory Commission (CERC) regarding market coupling implementation.

IEX clarified that the APTEL hearing on January 9, 2026, is a public legal proceeding and not a negotiation. The company stated it is not aware of any undisclosed information or events that could explain any trading movement, attributing any such movement to market-driven factors based on publicly available information, including the APTEL hearing.

Furthermore, on January 8, 2026, the CERC issued a Corrigendum to its July 23, 2025, Suo-Motu Order. This Corrigendum clarifies that the term "Order" in the publication dated July 23, 2025, and any subsequent references to it as "order" within Petition No. 8/SM/2025 or related publications, should be read as "Directions". The company has provided this update along with the Corrigendum to the stock exchanges as per SEBI Listing Regulations.

The company emphasized that the matter is sub judice before APTEL, and no order has been passed concerning the proceedings mentioned in the news article at this stage. IEX reiterated its commitment to timely and accurate disclosures of any material regulatory developments.