Polycab India Limited Board Approves Extension of CFO Niyant Maru's Tenure
Polycab India Limited announced that its Board of Directors approved the extension of the tenure of Mr. Niyant Maru, Chief Financial Officer (Whole-Time Key Managerial Personnel). The approval followed recommendations from the Nomination and Remuneration Committee and was subject to the Audit Committee's approval.The Board of Directors passed the resolution during its meeting held on May 06, 2026. Under the approved mandate, Mr. Niyant Maru's role as Chief Financial Officer is extended starting from July 17, 2026, and concluding on April 16, 2027.
The Board's decision formalized the extension, building upon an earlier intimation provided on October 17, 2025.
Key details regarding the change in tenure are outlined below:
| Particulars | Details |
|---|---|
| Name & Designation | Mr. Niyant Maru, Chief Financial Officer |
| Reason for Change | Extension of tenure |
| New Tenure Period | July 17, 2026, till April 16, 2027 |
| Previous Reference | Earlier intimation dated October 17, 2025 |
POLYCAB Stock Price Movement
Shares of Polycab India Limited are rallying to ₹8424.5 as of 3:17 PM today, pushing the equity higher by 1.05%. The stock's strength is underscored by a high trading volume, with 985,001 shares changing hands in the live market.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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