Polycab India: Order passed by NCLAT setting aside the order of NCLT Ahmedabad bench dated October 07, 2026
Polycab India (POLYCAB) filed a disclosure titled "Order passed by NCLAT setting aside the order of NCLT Ahmedabad bench dated October 07, 2026". The company is valued at about ₹1.17 lakh crore.
What happened
Polycab India (POLYCAB) filed a disclosure with the exchanges on 30 October 2026 at 12:17 PM titled "Order passed by NCLAT setting aside the order of NCLT Ahmedabad bench dated October 07, 2026".
Company snapshot
Polycab India is a large-cap company in the Capital Goods sector, with a market value of about ₹1.17 lakh crore.
The stock last traded at ₹7,753, against a 52-week range of ₹6,663–₹10,126 (23.4% below the high).
Before this filing the shares had moved −6.2% over the month and −13.7% over three months. Average daily turnover over the last 20 sessions was about ₹361 crore.
Promoters held 61.46% at the end of Q1 FY27, down 0.04% points from the previous quarter. Foreign institutions owned 19.00% and domestic institutions 7.62%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 6,477 | 685.5 | 45.54 |
| Q3 FY26 | 7,636 | 621.7 | 41.3 |
| Q4 FY26 | 8,864 | 772.8 | 52.18 |
| Q1 FY27 | 8,210 | 784.3 | 52.09 |
| Q2 FY27 | 9,899 | 977.4 | 64.87 |
What history shows
This is not the company's first litigation disclosure: BCEIE has 8 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 0.5% on average the next trading day and was down 1.6% on average after five days (7 filings with price data).
Across 27 similar disclosures by other Capital Goods companies, shares moved −0.5% on average the next day and −1.2% over five days; 44% of them rose the next day.
Market-wide, 622 litigation filings with an impact score of 50 or more saw an average next-day move of −0.4%, with 36% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 16 Oct 2026 | Update on the appeal listed on October 15, 2026 before Hon'ble… | −2.2% | −5.7% |
| 13 Oct 2026 | Press Release on receipt of Order dated October 09, 2026 passed by… | −1.0% | — |
| 9 Oct 2026 | Update on receipt of NCLAT order | +0.4% | −2.8% |
| 9 Oct 2026 | Update on Corporate Insolvency Resolution Process (CIRP) | +0.4% | — |
| 8 Oct 2026 | Update on hearing of appeal before NCLAT on 09th October, 2026 | +3.1% | +0.8% |
In the news
Recent coverage elsewhere (links open the original publisher):
- Polycab India schedules institutional investor meetings from Oct 28 to Dec 1
- Polycab India (NSEI:POLYCAB) Stock Price
- Consumer durables demand mixed; prefer LG, Polycab India: Motilal Oswal
- Polycab India shares rise 2% as NCLAT sets aside insolvency proceedings
- Polycab India (NSEI:POLYCAB) Stock Forecast & Analyst Predictions
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.