Will the F&O exclusion circular be reversed?
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Polycab India shares recovered on Friday, October 30, after the NCLAT set aside an insolvency petition against the company.
- ✓The firm faced exclusion from the F&O space following an October 7 NCLT order.
- ✓Investors now watch if regulators will reverse this exit, similar to a past case involving Zee Entertainment.
Story at a Glance
- Category
- BUSINESS
- Reported By
- CNBC TV18
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Shares of Polycab India Ltd., recovered from the lows of the day, after the company received relief from the National Company Appellate Law Tribunal (NCLAT) on Friday, October 30, with regards to its insolvency petition.
The NCLAT has set aside the insolvency petition against the company. The insolvency petition was admitted by Ahmedabad bench of the National Company Law Tribunal (NCLT) on October 7. The petition was filed by Asier metals over a disputed operational debt.
As a fallout of this move, the shares of Polycab were marked for exclusion from the Futures & Options (F&O) space from December 30, 2026. Criteria suggests that once the NCLT admits a CIRP petition against the company, the F&O exclusion is automatically triggered.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
CNBC TV18
Read the full, original unfiltered story directly on the publisher's portal.