Poly Medicure Limited has received a significant update regarding the stamp duty matter. In continuation of its previous disclosure dated June 16, 2026, the company informed that its writ petition challenging the orders passed by the Office of Collector of Stamps, Government of NCT of Delhi, was heard by the Hon'ble High Court of Delhi on July 03, 2026. During the hearing, as no one appeared on behalf of the respondent, the Hon'ble High Court of Delhi ordered a stay on the operation and execution of the impugned order dated June 15, 2026, until the next date of hearing. The company received a copy of this High Court order on July 07, 2026. This development is crucial as it provides temporary relief to Poly Medicure Limited concerning the stamp duty dispute.
