Shares of Polycab India fell as much as 5 per cent on Tuesday after the National Stock Exchange (NSE) announced plans to remove the stock from the futures and options (F&O) segment from 30 December 2026, following its inclusion under the exchange’s insolvency-related framework.
Polycab stock traded at Rs 8,195, down 2.5 on the National Stock Exchange (NSE) in the afternoon session.
The exclusion will not immediately halt derivatives trading in the stock. Existing contracts in the October, November and December series will remain available until their respective expiry dates, but no fresh contracts will be introduced beyond the December series. Open positions will have to be squared off by the expiry of the final contract.
Polycab’s…