The company, in an exchange filing, stated, “With reference to the captioned subject, please find enclosed herewith the press release on the receipt of order dated October 09, 2026 from the Hon’ble National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi staying and keeping in abeyance the order dated October 07, 2026 passed by the Hon’ble National Company Law Tribunal, Ahmedabad Bench, regarding admission and initiation of Corporate Insolvency Resolution Process (CIRP) in C.P.(IB)No.273/9/ AHM/2026, in the matter of Asier Metals Private Limited vs. Polycab India Limited (the Company), under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) against the Company in respect of an alleged operational debt of Rs…
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