
Legal28 Oct 2026, 10:22 am
Polycab India: NCLAT orders MSCI not to delist scrip
AI Summary
Polycab India Limited has received an order from the Hon'ble National Company Law Appellate Tribunal (NCLAT) directing MSCI not to delist the company's scrip from the MSCI Index until the final order is pronounced. This interim measure was taken following a mention by the appellant's counsel that the MSCI Index review cycle begins on October 28, 2026, and the delisting could occur if the order was not delivered on October 27, 2026. The company has informed MSCI of this order and will continue to notify stock exchanges of material events.
Key Highlights
- NCLAT orders MSCI to halt delisting of Polycab India scrip.
- Interim order in place until NCLAT pronounces its final judgment.
- The directive prevents delisting during the MSCI index review cycle.
- Company has formally notified MSCI of the NCLAT order.
Price Impact
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