Polycab India Limited has received a significant interim order from the Hon’ble National Company Law Appellate Tribunal (NCLAT). The tribunal has directed MSCI not to delist Polycab’s stock from its index until the final pronouncement of the NCLAT’s order. This interim relief provides stability for investors, averting immediate negative market repercussions.
NCLAT Intervention Prevents Stock Delisting
In a crucial development for its shareholders, Polycab India Limited announced on October 28, 2026, that the Hon’ble National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has issued an interim order. This directive, dated October 27, 2026, specifically instructs MSCI to refrain from delisting the scrip of Polycab India Limited from the MSCI Index. The prohibition remains in effect until the NCLAT delivers its final order in the matter.
Continued Disclosure Commitment
This interim relief follows previous intimations made by Polycab India Limited to the stock exchanges regarding the ongoing appeal. The company had previously informed exchanges on October 7, 8, 9, 14, and 16, 2026. Polycab India Limited has affirmed its commitment to continue notifying the stock exchanges of any material events or information as and when they occur, ensuring transparency for investors.
Legal Proceedings Context
The matter pertains to an appeal filed in the Hon’ble NCLAT concerning a case involving Asier Metals Private Limited vs. Polycab India Limited. The NCLAT’s decision to pause any delisting action provides a critical window for the company and its investors while the legal proceedings are finalized.
Source: BSE
