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印度Polycab公司破产案:NCLAT暂缓NCLT命令,10月26日举行听证Polycab India insolvency case: NCLAT stays NCLT order, hearing on October 26

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电线、电缆和快速移动电气产品制造商Polycab India Ltd周二表示,国家公司法上诉法庭已暂停国家公司法法庭关于公司因 alleged 运营欠款2.79亿卢比而受理破产申请的命令。该命令由国家公司法法庭艾哈迈达巴德分庭于10月7日作出,涉及Asier Metals Private Ltd根据2016年《破产及银行法典》第9条提交的申请,旨在对Polycab启动公司破产重整程序。

Wires, cables and fast-moving electrical goods maker Polycab India Ltd on Tuesday said the National Company Law Appellate Tribunal has stayed the National Company Law Tribunal’s order admitting an insolvency petition against the company over alleged operational dues of ₹2.79 crore. The order, passed by the NCLT Ahmedabad Bench on October 7, was related to a petition filed by Asier Metals Private Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of the Corporate Insolvency Resolution Process against Polycab.

国家公司法上诉法庭在其10月9日的命令中指示:“有争议的命令被暂停,并应保持中止状态,直至另行通知。”公司的上诉将于2026年10月26日进行审理。国家证券交易所将自12月30日起将Polycab India从衍生品交易板块移除。公司在一份声明中表示:“就正在进行的程序而言,我们认为我们拥有强有力的案件,理由充分,包括这是一笔2.79亿卢比的商业纠纷,以此为由撤销国家公司法法庭艾哈迈达巴德分庭作出的受理命令以及对公司启动公司破产重整程序。我们已向荣誉国家公司法上诉法庭新德里首席分庭提交上诉,荣誉NCLAT已完全暂停并保持受理命令的中止状态。”我们不认为该命令会对财务或业务运营产生任何不利或重大影响。

The NCLAT, in its October 9 order, directed that "the impugned order is stayed and be kept in abeyance till further orders”. The company’s appeal is scheduled for hearing on October 26, 2026.NSE to remove Polycab India from F&O Segment from December 30In a statement, the company said, "With reference to the ongoing proceedings, we are of the opinion that we have a strong case with good grounds on merits, including that of it being a commercial dispute of ₹2.79 crores, to set aside the order of admission passed by the National Company Law Tribunal, Ahmedabad and initiation of the Corporate Insolvency Resolution Process against the Company. We have filed an Appeal before the Hon'ble National Company Law Appellate Tribunal, Principal Bench, New Delhi and the Hon’ble NCLAT has stayed and kept in abeyance the order of admission in its entirety .""We do not expect any adverse/material impact on financial or business operations arising from the said order. We continue to hold a zero-debt position with the cash/investment liquidity, and our Balance Sheet continues to remain strong with net cash position in excess of ₹4,000 crores and net-worth of ₹11,682 crores as per the audited financial statements for the year ended 31st March 2026.

“我们的现金和投资流动性依然保持零债务状态;根据截至2026年3月31日的审计财务报表,我们的资产负债表依然非常稳健,净现金余额超过40亿卢比,净资产价值为116.82亿卢比。我们始终专注于业务运营,并致力于以最高的透明度、诚信和治理标准来开展这些业务。”Polycab公司的发言人表示。

根据美国银行(BoFA)对该公司结构性增长的乐观预测,这两种电线和电缆产品的股价可能会上涨多达21%。

We remain focused on our business operations and are committed to conducting them with the highest standards of transparency, integrity, and governance," a Polycab spokesperson said.

Polycab India Ltd的股价在孟买证券交易所(BSE)收盘时为8,260.00卢比,较前一交易日下跌了154.00卢比,跌幅为1.83%。

These two wires and cables stocks can gain up to 21% on BofA's bullish structural growth betsShares of Polycab India Ltd ended at ₹8,260.00, down by ₹154.00, or 1.83%, on the BSE.