Polycab India Limited Schedules Institutional Investor Meet in Singapore for March 16-18, 2026

1 min read     Updated on 05 Mar 2026, 06:00 PM
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Reviewed by
Ashish TScanX News Team
Overview

Polycab India Limited has scheduled an institutional investor and analyst meet for March 16-18, 2026 in Singapore. The three-day non-deal roadshow will be conducted through physical one-on-one meetings, where the company will share corporate and earnings presentations along with publicly available information. This disclosure was made under Regulation 30 of SEBI regulations, demonstrating the company's commitment to regulatory compliance and transparent investor communication.

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*this image is generated using AI for illustrative purposes only.

Polycab India Limited has announced an institutional investor and analyst meet scheduled for March 16-18, 2026 in Singapore. The company made this disclosure on March 05, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The upcoming investor engagement has been structured as a comprehensive three-day event designed to facilitate direct interaction between the company's management and institutional stakeholders. The meeting details are outlined below:

Parameter: Details
Meeting Dates: March 16, 2026 to March 18, 2026
Event Type: Non Deal Roadshow
Meeting Format: One-on-One
Mode: Physical
Location: Singapore

Information Sharing Framework

During the investor conference, Polycab India Limited will adhere to strict disclosure guidelines. The company has specified that only corporate and earnings presentations currently hosted on their official website, along with other publicly available information, will be shared and referenced during the meetings. This approach ensures compliance with regulatory requirements while providing institutional investors and analysts with comprehensive insights into the company's performance and strategic direction.

Regulatory Compliance

The announcement demonstrates Polycab's commitment to maintaining transparency with stakeholders and adhering to regulatory obligations. The company has noted that the meeting schedule is subject to changes, if any, providing flexibility while maintaining proper disclosure protocols. The formal communication was signed by Manita Carmen A. Gonsalves, Vice President-Legal and Company Secretary, emphasizing the official nature of this corporate disclosure.

Corporate Communication

Polycab India Limited's proactive approach to investor relations reflects the company's dedication to maintaining open channels of communication with the investment community. The Singapore location for this roadshow indicates the company's focus on engaging with international institutional investors and expanding its global investor base. Such initiatives typically serve to enhance market understanding of the company's business model, financial performance, and growth prospects through direct management interaction.

Historical Stock Returns for Polycab

1 Day5 Days1 Month6 Months1 Year5 Years
+3.38%+2.58%+12.24%+18.01%+74.59%+533.99%

Polycab India Receives Rs 327.45 Crore Income Tax Demand for Assessment Year 2024-25

1 min read     Updated on 04 Mar 2026, 04:21 PM
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Reviewed by
Jubin VScanX News Team
Overview

Polycab India has received a substantial income tax demand of Rs 327.45 crores for Assessment Year 2024-25 from the Deputy Commissioner of Income-Tax, Mumbai. The company believes the demand contains computational errors as it significantly exceeds the actual additions of Rs 41.87 crores made in the assessment order. Polycab plans to file both a rectification application and an appeal to address these discrepancies, maintaining that the demand will not materially impact its financial position.

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*this image is generated using AI for illustrative purposes only.

Polycab India Limited has received a significant income tax assessment order that has resulted in a demand of Rs 327.45 crores for the financial year 2023-24. The company disclosed this development to stock exchanges on March 4, 2026, in compliance with SEBI listing regulations.

Assessment Order Details

The Office of the Deputy Commissioner of Income-Tax, Mumbai issued the assessment order under Section 143(3) of the Income Tax Act, 1961 for Assessment Year 2024-25. The order was received by the company on March 3, 2026.

Parameter: Details
Assessment Year: 2024-25 (relevant to FY 2023-24)
Total Disallowances/Additions: Rs 41.87 crores
Tax Demand Raised: Rs 327.45 crores
Date of Receipt: March 3, 2026
Issuing Authority: Office of Deputy Commissioner of Income-Tax, Mumbai

Company's Response Strategy

Polycab India , after consultation with its tax advisors, has identified discrepancies in the demand calculation. The company believes the tax demand of Rs 327.45 crores is significantly higher than the actual additions of Rs 41.87 crores made in the assessment order due to computational and clerical errors.

The company has outlined a two-pronged approach to address this matter:

  • Rectification Application: Filing an application under Section 154 of the Income Tax Act to correct computational and clerical errors
  • Appeal Process: Initiating an appeal against the additions made in the assessment order under applicable provisions of the Income Tax Act, 1961

Financial Impact Assessment

Despite the substantial demand amount, Polycab India maintains that the tax demand is not sustainable in law based on advice from its tax consultants. The company has stated it does not expect any material impact on its financial position or operations due to this assessment order.

This disclosure follows the company's earlier intimations to exchanges dated December 22, 2023, January 30, 2025, and April 1, 2025, indicating ongoing interactions with tax authorities. The company continues to work through the prescribed legal channels to resolve the matter while maintaining its operational focus.

Historical Stock Returns for Polycab

1 Day5 Days1 Month6 Months1 Year5 Years
+3.38%+2.58%+12.24%+18.01%+74.59%+533.99%

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1 Year Returns:+74.59%