Mumbai, Sept. 25 -- Media reports said promoter entities were looking to offload up to 0.81% stake in the company at a floor price of Rs 7,300 per share, a 3.10% discount to the last closing price on the BSE. As part of the terms, promoters will be subject to a 90-day lock-in period on any further share sales following the block deal. Details of the buyers were not immediately available.
As of June 2025, promoters held 63.01% in the company.
The stock is down 1.71% in three months, up 4.26% in six months, but down 4.50% over the past year.
Polycab India is the largest manufacturer of wires and cables in India and a fast-growing player in the Fast Moving Electrical Goods (FMEG) space. The Group is also in the business of engineering, pr...
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