Poly Medicure: Delhi High Court Stays Stamp Duty Order

Poly Medicure Ltd announced an update regarding proceedings before the Hon'ble Delhi High Court concerning a stamp duty matter. Following earlier disclosures about orders from the Office of Collector of Stamps, Revenue Department, Government of NCT of Delhi, the company's writ petition challenging these orders was heard on July 03, 2026. The Hon'ble High Court of Delhi has stayed the operation and execution of the impugned order dated June 15, 2026, until the next hearing date, as no one appeared on behalf of the respondent. The company received the High Court order copy on July 07, 2026.