Polycab India Limited has informed the Exchange regarding Change in Director(s) of the company.
POLYCAB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Polycab India Limited's Board has approved the re-appointment of two Independent Directors for second terms, subject to shareholder approval via Postal Ballot. Ms. Sutapa Banerjee is re-appointed for 2 years (May 13, 2026 – May 12, 2028) and Mr. Bhaskar Sharma for 4 years (May 12, 2026 – May 11, 2030). Both directors were originally appointed in May 2021. Ms. Banerjee brings over 35 years of financial services experience across ANZ Grindlays, ABN AMRO, and Ambit, and serves as adjunct faculty at the Indian Institute of Corporate Affairs. Mr. Sharma is a business and marketing leader with experience including CEO of Red Bull India and current roles at HDB Financial Services and EBG Federation. Neither director is related to the promoters or the promoter group, and both are confirmed not debarred from holding director positions by SEBI or any other authority. The Board meeting lasted one hour.
This is a routine governance update with no material impact on the stock. Re-appointment of experienced Independent Directors supports board stability and continuity, which is broadly positive for governance standards.