Polycab shares tumble 5% as stock set to exit F&O segment from December 30 onwards. Here's why
Polycab India shares dropped over 5% after the NSE announced its exclusion from the F&O segment from December 30.
The move follows insolvency proceedings initiated against the company, although NCLAT has stayed the NCLT order.
Existing derivative contracts will continue until their respective December expiries.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.