Announced Thu, 8 Oct, 2026 · 20:41 IST
NCLT admits insolvency petition against Polycab; company appeals to NCLAT
POLYCAB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.1%1-day move
₹8151.00
prior close
₹8161.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-1.2-0.5-0.4+3.1+1.6+1.9———————
Up moveDown movePending
AI summary
NCLT Ahmedabad admitted a Corporate Insolvency Resolution Process petition against Polycab India filed by Asier Metals Private Limited under Section 9 of the IBC, over an alleged operational debt of Rs 2.79 crore. Polycab has filed an appeal before NCLAT seeking to set aside this order. The matter is listed for hearing on October 09, 2026.
Likely market impact
Insolvency proceedings admitted against Polycab over a small Rs 2.79 cr dispute. Company has appealed; NCLAT hearing set for Oct 9. May weigh on stock sentiment.