Press Release

Date: October 13, 2026 To, To, Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, C-1, G-Block, Bandra-Kurla Complex Dalal Street, Mumbai, MH - 400001 Bandra (E), Mumbai, MH - 400051 Scrip Code: 542652 Scrip Symbol: POLYCAB ISIN: INE455K01017 Dear Sir(s) / Madam(s), Subject: Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Press Release on receipt of Order dated October 09, 2026 passed by the Hon'ble National Company Law Appellate Tribunal With reference to the captioned subject, please find enclosed herewith the press release on the receipt of order dated October 09, 2026 from the Hon'ble National Company Law Appellate Tribunal ("Hon'ble NCLAT"), Principal Bench, New Delhi staying and keeping in abeyance the order dated October 07, 2026 passed by the Hon'ble National Company Law Tribunal, Ahmedabad Bench, regarding admission and initiation of Corporate Insolvency Resolution Process ("CIRP") in C.P.(IB)No.273/9/ AHM/2026, in the matter of Asier Metals Private Limited vs. Polycab India Limited (‘the Company’), under Section 9 of the Insolvency and Bankruptcy Code, 2016 ("IBC") against the Company in respect of an alleged operational debt of ₹2.79 crore. Kindly take the same on your record. Thanking you Yours Faithfully, For Polycab India Limited Manita Carmen A. Gonsalves Vice President-Legal and Company Secretary Membership No.: A18321 Address: #29, The Ruby, 21st Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai, MH-400028 Registered Office: Corporate Office: Unit 4, Plot No 105, Halol Vadodara Road Polycab India Limited Village Nurpura, Taluka Halol, CIN: L31300GJ1996PLC114183 Panchmahal, Gujarat 389 350 #29, The Ruby, 21st Floor, Senapati Bapat Marg, Tel: 2676- 227600 / 227700 Tulsi Pipe Road, Dadar (West), Mumbai 400 028 Tel: +91 22 2432 7070 - 74 Email: shares@polycab.com Web: www.polycab.com October 13, 2026, Mumbai “With reference to the ongoing proceedings, we are of the opinion that we have a strong case with good grounds on merits, including that of it being a commercial dispute of INR. 2.79 crores, to set aside the order of admission passed by the National Company Law Tribunal, Ahmedabad (“NCLT”) and initiation of the Corporate Insolvency Resolution Process ("CIRP") against the Company. We have filed an Appeal before the Hon'ble National Company Law Appellate Tribunal, Principal Bench, New Delhi ("Hon'ble NCLAT") and the Hon’ble NCLAT has stayed and kept in abeyance the order of admission in its entirety (“NCLAT Order”). The Hon’ble NCLAT has inter alia directed the following: “……..the impugned order is stayed and be kept in abeyance till further orders”. The appeal is presently scheduled for hearing on October 26, 2026. In view thereof, business and management operations continue as usual. We do not expect any adverse / material impact on financial or business operations arising from the said order. We continue to hold a zero-debt position with the cash / investment liquidity and our Balance Sheet continues to remain strong with net cash position in excess of Rs.4,000 crores and net-worth of Rs.11,682 crores as per the audited financial statements for the year ended 31st March 2026. We remain focused on our business operations and are committed to conducting them with the highest standards of transparency, integrity, and governance.” – Polycab Spokesperson About Polycab: Polycab India Limited (PIL) is India’s largest manufacturer of Wires and Cables and one of the fastest growing FMEG companies with a consolidated turnover of ₹285+ Bn in FY26. PIL is at the forefront of providing innovative, safe and energy-efficient products to a diverse set of customers via a strong distribution network of 3,900+ authorized dealers and 190,000+ retail outlets. PIL’s business operations span across India through 26 manufacturing facilities, 15 offices and 35 warehouses. PIL has also served customers in 94 countries globally. PIL’s 4,500+ employees are dedicated to upholding robust governance practices, preserving a customer-centric culture, having a purpose to serve the communities, and imbibing a genuine sense of ecological consciousness. For further information, please visit www.polycab.com. Contact us: Polycab India Limited Email: investor.relations@polycab.com