Polycab promotes Bharat and Nikhil Jaisinghani as Joint Managing Directors

Promoter Family Board EntryManagement Changes View source PDF Explain this filing

POLYCAB · price

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Price reactionminutes from the announcement price · days from the prior close

+5.2%Reaction day

₹7049.50

prior close

₹7182.50

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.4%+5.6% vs market

Cables - Electricals peers, median of 10sector-1.9%+7.1% vs sector

On the reaction day the stock moved 5.6 pts more than Nifty Midcap 150 and 7.1 pts more than its Cables - Electricals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.4

10m

+1.7

15m

+1.6

30m

+1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.2-0.4+5.6-1.9+7.1

Next day

+0.2-2.9+3.2-6.4+6.7

-1.4-3.9+2.5-7.6+6.2

-0.7-2.7+2.0-6.0+5.3

-4.5-4.4-0.1-9.3+4.8

-3.6-3.9+0.3-8.2+4.6

-0.4-2.2+1.8-8.1+7.7

15d

+9.7+1.8+8.0-1.1+10.8

+10.0-0.7+10.8-4.9+14.9

+2.2-8.5+10.7-9.8+12.0

+16.7+0.2+16.4+9.8+6.9

UpDownMarket · Nifty Midcap 150Sector · Cables - Electricals peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Polycab board on Jan 16, 2026 redesignated Bharat and Nikhil Jaisinghani from Executive Directors to Joint Managing Directors w.e.f. Jan 16, 2026, with a further 5-year JMD appointment from May 13, 2026 to May 12, 2031, subject to shareholder approval. Also approved Q3 FY26 standalone results with revenue up 47 percent YoY at about Rs 7,517 crore. Re-appointed Manju Agarwal as Independent Director for a 2-year second term.

Likely market impact

Promoter family members elevated to JMD role, signaling leadership continuity. Q3 results show strong revenue growth. All changes need shareholder approval.