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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Polycab India Ltd

Polycab India: NCLAT Hears Insolvency Appeal, Order Reserved

REGULATORY ◆ Monitor Closely MEDIUM RISK
📅 Filed on BSE: 16 Oct 2026, 09:34 AM IST  ·  BSE ID: 4f686399-b641-4495-a5dd-e5124e088cf0
View Original BSE Filing (PDF)
💡
In Simple Terms
Polycab India's appeal hearing regarding an insolvency case has finished, and the court is now deciding.
🤖 AI Summary
  • NCLAT heard insolvency appeal of Asier Metals Private Limited vs. Polycab India Limited on October 15, 2026.
  • The Hon'ble National Company Law Appellate Tribunal has reserved its order on the matter.
  • Polycab India previously received a stay on Rs. 2.79 crore insolvency proceedings.
  • The company will inform exchanges upon receipt of the NCLAT's final order.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Insolvency Claim Amount
Rs. 2.79 crore
Appeal Hearing Date
October 15, 2026
🏢 How This Affects the Company
💰
Financial Impact
The final order will determine the resolution of the Rs. 2.79 crore insolvency matter, potentially impacting liabilities.
⚠️
Risk Impact
Resolution of the insolvency appeal will clarify the status of the Rs. 2.79 crore debt, reducing uncertainty.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders at this time. Updates will be provided upon receipt of the NCLAT order.
👤
Who Is Affected
All shareholders are affected by potential outcomes of the insolvency proceedings, specifically concerning the Rs. 2.79 crore claim.
🔍
Management Signal
Management is actively pursuing legal recourse to resolve the insolvency matter and will keep stakeholders informed.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Receipt of NCLAT order on the insolvency appeal.
Further updates from Polycab India on the legal proceedings.
Company's financial disclosures post-resolution.
MEDIUM RISK Uncertainty remains regarding the final order of the NCLAT on the Rs. 2.79 crore insolvency matter.
💡 Investor Takeaway
Polycab India's insolvency appeal hearing concluded, with the NCLAT reserving its order. The Rs. 2.79 crore matter remains pending further judicial pronouncement.
📅 Company Track Record
Polycab India had previously secured a stay on the Rs. 2.79 crore insolvency proceedings from the NCLAT. The company had initially faced NCLT admission for this debt.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was the status of Polycab India's insolvency appeal on October 15, 2026?
The appeal in the matter of Asier Metals Private Limited vs. Polycab India Limited was heard, and the NCLAT has reserved its order.
What is the value of the insolvency proceedings concerning Polycab India?
The insolvency proceedings are related to a claim of Rs. 2.79 crore.
When will Polycab India update shareholders on the NCLAT order?
Polycab India will intimate the Stock Exchanges upon receipt of the order passed by Hon’ble NCLAT.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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