NSE set a derivatives exit date for Polycab India stock

Published on 10/14/2026 at 04:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NSE will end Polycab's derivatives contracts on December 30, 2026. NSE applies 100.00 percent margin rules to Polycab India stock from October 14.

Trading rules and results dates

NSE set a 100.00 percent margin rule and a December 30, 2026 derivatives exit date.
Polycab reported INR 82,097 million of Q1 FY27 revenue, up 39.00 percent year over year.
The board is scheduled to review September-quarter results on October 15, 2026.

Polycab, INE455K01017, Illustration mit AI erstellt.

NSE set a derivatives exit date for Polycab India stock on October 12, 2026, while imposing a 100.00 percent margin requirement on existing and new futures and options positions from October 14. Ventura Securities reported the exchange decision on October 13, 2026, alongside the stay of insolvency proceedings by the appellate tribunal.

Three dates changed the setup

On July 16, 2026, Polycab reported Q1 FY27 revenue of INR 82,097 million, up 39.00 percent year over year, according to AlfaFinder. The result provides an operating counterweight to the recent market-structure pressure.

On October 7, 2026, the National Company Law Tribunal admitted insolvency proceedings linked to an alleged INR 2.79 crore operational debt, according to Ventura Securities. The National Company Law Appellate Tribunal later stayed that order, while the NSE derivatives decision remained in place.

On October 12, 2026, NSE said existing October, November and December contracts could run to expiry, but it would issue no new expiry months after the October contracts expire. The 100.00 percent margin rule raises the capital required for affected derivative positions.

What does the derivatives change mean?

The exchange action concerns futures and options eligibility rather than the continued listing of Polycab's equity shares in the cash market. For investors, the key distinction is between operating performance and trading access: Q1 FY27 revenue grew 39.00 percent, while derivatives participation now faces a defined December 30, 2026 end date.

Results arrive on October 15

Polycab's board is scheduled to consider unaudited standalone and consolidated results for the quarter and half-year ended September 30, 2026, on October 15, 2026, according to StockFin. The scheduled review gives investors a near-term operating checkpoint alongside the new derivatives restrictions.

Polycab India Limited is classified in the capital goods sector and cables industry, trades under ticker POLYCAB on the NSE, and carries ISIN INE455K01017. Its investor-relations page reports FY26 revenue above INR 288 billion and profit after tax above INR 27 billion, with Q1 FY27 net sales of INR 82,097 million. Polycab India identifies wires and cables as its core business and lists the September-quarter results meeting for October 15, 2026.