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Insolvency

POLYCAB · Polycab India Limited · NSE · Filed 16 Oct · 1 min read

Polycab Says NCLAT Reserves Order in Asier Metals Appeal

The appellate tribunal heard Polycab's appeal in the Asier Metals matter on October 15, 2026 and reserved its order.

What was filed

Polycab India Limited filed a procedural update with the exchanges on the ongoing litigation titled *Asier Metals Private Limited vs. Polycab India Limited*. Per the filing, the appeal was listed before the National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi on October 15, 2026, where it was heard and reserved for order.

The disclosure continues a sequence of intimations the company said it had already made on October 07, 08, 09 and 14, 2026 on the same matter.

What a holder actually learns

This is a status note, not an outcome. No order has been passed, no terms are disclosed, and the company does not describe the underlying claim or any financial exposure. Polycab said it will inform the exchanges once the NCLAT order is received, and will continue to notify material events as they occur.

Beyond confirming that the matter has been heard and a decision is now pending, the filing contains no further substance.

The matter relates to an insolvency-linked appeal involving the company, with a tribunal order now reserved; a holder has no outcome to assess yet, only that a decision is awaited and that the company has committed to disclosing it when received.

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