Promoters, including Nikhil Jaisinghani and Anil Jaisinghani, divested ₹1,739 crore worth of Polycab India shares through a block deal on the NSE, selling 23.32 lakh shares at ₹7,458 each. This sale reduced their collective stake from 48.7% to approximately 47.1%. Prominent buyers included JP Morgan Fund, Morgan Stanley Asia Singapore, and Kotak Mahindra Life.