NSE sets December 30 deadline for Polycab India's F&O exit; NCLAT stays insolvency order.
Context
What happened: NSE said no new expiry-month contracts in Polycab India will be issued, and no equity derivatives trading in the stock from December 30, 2026. NCLAT stayed the NCLT Ahmedabad order admitting CIRP against the company.
Key numbers: Shares settled 1.82% higher at Rs 8,405 on the NSE, against a previous close of Rs 8,255. Session range: Rs 8,291 to Rs 8,469.
Why it matters: Existing October, November and December 2026 contracts stay tradable until expiry, with new strikes added. The NCLAT stay keeps the insolvency order in abeyance.