Torrent Power has issued a clarification regarding recent movements in its share price, attributing the fluctuations entirely to prevailing market conditions. The company made this statement to provide clarity to investors and stakeholders about the nature of recent trading activity.

Company's Official Position

The power utility company emphasized that the observed share price movements are not related to any company-specific developments or fundamental changes in its business operations. This clarification suggests that external market factors, rather than internal corporate developments, are driving the recent price volatility.

Market Context

By attributing the price movements to market conditions, Torrent Power is indicating that broader market sentiment and external economic factors are influencing its stock performance. Such clarifications are typically issued by companies when they observe unusual trading patterns or significant price movements that might concern investors.

Investor Communication

The company's statement serves as a formal communication to the investment community, ensuring transparency about the factors affecting its share price. This type of disclosure helps maintain investor confidence by providing clear information about the drivers behind stock price fluctuations.

Such clarifications are part of standard corporate governance practices, where companies proactively communicate with stakeholders when market movements might raise questions about underlying business fundamentals.

Torrent Power Limited has issued a formal clarification to stock exchanges regarding media reports about the company's investment plans worth ₹1 lakh crore. The clarification came in response to queries from both the National Stock Exchange of India Limited and BSE Limited dated January 09, 2026.

Regulatory Response to Media Coverage

The stock exchanges sought clarification on a news item titled "Torrent Power bets ₹1 lakh crore on energy, builds new B2C platforms: Jinal Mehta, vice-chairman and MD" that appeared on the Economic Times energy portal on January 09, 2026. The company received formal communications from NSE and BSE requesting confirmation about the reported investment plans.

Company's Official Position

Torrent Power clarified that it has consistently made all necessary disclosures regarding investment plans and events as required under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company's key clarifications include:

Share Price Movement Explanation

The company emphasized that recent movements in share price and trading volumes are entirely due to market conditions and are market-driven. Management stated they have no control over or knowledge of specific reasons behind share price movements and their impact.

Ongoing Disclosure Commitment

As a growing organization, Torrent Power confirmed it continuously evaluates business opportunities while maintaining transparency. The company reiterated its commitment to inform stock exchanges of all events requiring disclosure under Regulation 30 of the Listing Regulations at appropriate times.

Compliance Assurance

The clarification was signed by Company Secretary & Compliance Officer Rahul Shah, who assured that the company has made and will continue to make proper disclosures in compliance with SEBI regulations. The company requested stock exchanges to take the clarification on record, maintaining its commitment to regulatory transparency and investor protection.