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Polycab India informs about disclosure

26 Dec 2023 Evaluate
Pursuant to Regulation 30 of the Listing Regulations and in continuation to the communications, dated 22nd December 2023 and 25th December 2023, Polycab India has informed that Income Tax Department search is still under process at some of the premises / plants related to the Company. The Company is fully cooperating with the authorities, providing them with all necessary information and support. Once the search by the Income Tax Department concludes, the Company will update the Stock Exchanges in case of any material information/ event. At Polycab India, they adhere to the highest standards of ethical conduct and legal compliance. Its commitment to transparency and belief in the due process of law remain unwavering. 

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Polycab India 8040.00
KEI Industries 4460.00
RR Kabel Ltd. 2521.15
Finolex Cables 1449.40
Precision Wire India 491.45
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