Indian Energy Exchange (IEX) has clarified its position regarding a news article about NSE and India Gas Exchange (IGX) discussing natural gas futures. IEX states that IGX is an associate company and operates independently. IEX is not involved in IGX’s day-to-day operations and cannot comment on the developments reported in the news article.
Clarification on Natural Gas Futures News
Indian Energy Exchange (IEX) has responded to a query regarding a news item appearing on January 8, 2026, concerning NSE and India Gas Exchange (IGX) potentially launching India’s first natural gas futures contract. IEX issued this clarification on January 9, 2026.
IEX’s Position on IGX
IEX clarifies that the news article is based on information reportedly provided by the National Stock Exchange of India Limited (NSE). While the article mentions India Gas Exchange Limited (IGX), IEX emphasizes that IGX is only an associate company.
Furthermore, IEX asserts that IGX functions as a separate legal entity, possessing its own independent management and Board of Directors. As such, IEX maintains no direct involvement in the daily operations and management of IGX. Therefore, IEX states it is not aware of the developments reported in the news and cannot provide comments on the matter.
Response to Queries
In response to queries about potential negotiations, IEX stated it was Not Applicable, regarding the request to provide details on any negotiations taking place. The company also confirmed it is not aware of any undisclosed information that could explain movements in trading of its stock.
IEX confirms it remains committed to making timely and accurate disclosures.
Source: BSE
