Polycab India Announces Senior Management Restructuring with Multiple Redesignations
Polycab India Limited announced significant changes in its senior leadership structure, effective May 06, 2026. The company detailed key redesignations across several management roles, alongside an update to its list of Senior Management Personnel (SMP) reflective of the organization's updated structure.On May 06, 2026, Polycab India announced changes in the roles and responsibilities of several key executives. These redesignations were effective from the date of the announcement.
The first set of management changes included:
| Name | New Designation | Reason for Change | Effective Date |
|---|---|---|---|
| Mr. Ishwinder Khurana | Chief Executive Officer - B2C | Change in roles & responsibilities | May 06, 2026 |
| Mr. Hetal Shah | Chief Executive Officer - EPC | Change in roles & responsibilities | May 06, 2026 |
| Mr. Rakesh Talati | Director (Non-board member) - Operations and Chief Operations Officer | Change in roles & responsibilities | May 06, 2026 |
| Mr. Ashish D. Jain | Chief Executive Officer - Telecom | Change in roles & responsibilities | May 06, 2026 |
Separately, the company also noted a change in its SMP List. This update was attributed to an organizational restructuring within the company.
Effective by the closure of business hours on May 06, 2026, the designated Senior Management Personnel included:
- Mr. Ritesh Arora, serving as President & Chief Digital Officer.
- Mr. Rakesh Rajput, serving as President and Head - B2B Sales (North and East).
The company confirmed that all individuals listed in the SMP section will continue to serve as employees of Polycab India Limited.
POLYCAB Stock Price Movement
As of 3:10 PM, shares of Polycab India Limited are edging higher to ₹8424.5, gaining 1.05% in live trading. The stock has seen substantial activity in the session, with 985,001 shares traded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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