BSECompany Update28 Oct 2026 · 28 Oct 2026, 10:21 am

Update on NCLAT order dated October 27, 2026

Polycab India Ltd · 542652

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Polycab India Ltd has received an order from the National Company Law Appellate Tribunal (NCLAT) dated October 27, 2026, which directs MSCI not to delist the company's scrip from the MSCI Index till the pronouncement of the order. The company will continue to notify the stock exchanges of material events or information upon its occurrence.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10

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Polycab India Ltd - 542652 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

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Date: October 28, 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 – update on appeal in the matter of Asier Metals Private Limited vs. Polycab India Limited. In continuation of our earlier intimations dated October 07, 2026, October 08, 2026, October 09, 2026, October 14, 2026 and October 16, 2026, we wish to inform that Hon'ble National Company Law Appellate Tribunal ("Hon'ble NCLAT"), Principal Bench, New Delhi has vide its order dated October 27, 2026 directed MSCI not to delist the scrip of Polycab from MSCI Index till the pronouncement of the order. A copy of the NCLAT order is attached herewith. The said order has also been intimated to MSCI on October 27,2026 The Company shall continue to notify the Stock exchanges of material events or information upon its occurrence. 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 NATIONAL COMPANY LAW APPELLATE TRIBUNAL, PRINCIPAL BENCH, NEW DELHI Company Appeal (AT) (Insolvency) No. 1940 of 2026 In the matter of: Bharat Ajay Jaisinghani Suspended Director of Polycab ....Appellant India Limited Asier Metals Pvt. Ltd. & Anr. …Respondents For Appellant Mr. Abhijeet Sinha, Sr. Advocate with Mr. Anuj Tiwari, Advocate. For Respondents Mr. Krishnendu Datta, Sr. Advocate. ORDER (ON MENTIONING) 27.10.2026: This Appeal is reserved for orders and in the meanwhile, it is submitted by the Ld. Senior Counsel for the Appellant in case the order is not pronounced today, the MSCI Index may de-list the Polycab stock in its next review cycle, which cycle starts on 28.10.2026. 2. Since the matter is reserved for orders, we direct that no action as aforesaid be taken by MSCI till we pronounce the order. [Justice Yogesh Khanna] Officiating Chairperson [Barun Mitra] Member (Technical) Anjali/md