MRPL Officially Denies Shutdown Rumors, Confirms Normal Operations Continue

Mangalore Refinery & Petroleum has officially denied rumors about operational shutdowns at its refinery facility through a formal regulatory filing under Regulation 30. The company has clarified that operations remain normal with adequate crude oil supplies secured.

Official Regulatory Filing

In a filing dated March 7, 2026, MRPL addressed rumors circulated on social media platform X (formerly Twitter) by OilPrice.com suggesting that the company had started shutting down parts of its 300,000 BPD Mangalore refinery due to feedstock shortages. The company categorically denied these claims as "factually incorrect."

Parameter:	Status
Refinery Capacity:	300,000 BPD
Current Operations:	Normal
Crude Oil Supply:	Adequate quantities lined up
Shutdown Reports:	Officially denied

Company's Official Statement

MRPL confirmed in its regulatory communication that "MRPL is operating normal and it has lined-up adequate quantities of crude oil to sustain operations." The statement was signed by Company Secretary Premachandra Rao G and submitted to both BSE Limited and National Stock Exchange of India Limited.

Market Clarification

The formal denial addresses earlier market speculation about potential disruptions to the refinery's processing capabilities. The company's proactive communication to stock exchanges demonstrates its commitment to maintaining transparency with investors and stakeholders regarding operational status.

The clarification provides reassurance about the refinery's operational continuity and supply chain stability, contradicting social media reports that had suggested feedstock shortages were impacting the facility's operations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.43%	-7.10%	-5.45%	+46.04%	+29.95%	+368.87%

Mangalore Refinery & Petroleum Limited has officially clarified that it has not declared any force majeure on fuel exports, contradicting earlier media reports. The company issued a formal clarification to stock exchanges following inquiries from BSE Surveillance team regarding news reports claiming the refinery had halted fuel exports due to Iran conflict disrupting crude flows.

Official Clarification to Stock Exchanges

In response to BSE's inquiry, MRPL categorically denied declaring any force majeure on its operations. The company stated it was unaware of the mentioned news item and its source, emphasizing that the reports published were factually incorrect.

Parameter:	Details
Filing Date:	March 5, 2026
Exchange Reference:	BSE Surveillance L/SURV/ONL/RV/SG/(2025-2026)/206
News Source Mentioned:	cnbcv18.com
Company's Position:	No force majeure declared

Regulatory Response Details

The company provided detailed responses to BSE's specific queries regarding the market rumors. MRPL confirmed that no negotiations were taking place related to the reported issues and stated it was not aware of any undisclosed information that could explain unusual trading movements.

Query Type:	Company Response
Negotiations Status:	No
Undisclosed Information:	No
Regulatory Proceedings:	Not Applicable

Market Impact and Clarification

The formal denial comes after media reports suggested operational disruptions affecting the refinery's export capabilities. Company Secretary Premachandra Rao G signed the official clarification, which was digitally submitted to both BSE and NSE to set the record straight on the company's operational status.

This clarification aims to address any market confusion caused by the incorrect reports and reaffirms that MRPL's operations continue without the force majeure conditions previously reported in media outlets.