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Polycab India Limited has issued a Postal Ballot notice to shareholders for the re-appointment of Ms. Sutapa Banerjee and Mr. Bhaskar Sharma as Independent Directors. The e-voting period ends on May 10, 2026. This process ensures regulatory compliance for key leadership tenures.
Polycab India Limited has issued a postal ballot notice seeking shareholder approval for the re-appointment of Ms. Sutapa Banerjee and Mr. Bhaskar Sharma as Independent Directors. The e-voting period runs from April 11, 2026, to May 10, 2026. This process ensures regulatory compliance and maintains board leadership continuity.
Polycab India Limited allotted 4,500 equity shares on April 4, 2026, under its Employee Stock Option Scheme (ESOP). This allotment increases the company's total paid-up share capital from 150,55,26,480 to 150,55,71,480. Such allotments are routine rewards for employees and result in minor equity dilution.
Polycab India Limited allotted 4,500 equity shares of ₹10 each to eligible employees following the exercise of options under its 2018 ESOP scheme. The allotment was approved by the Finance and Operations Committee on April 04, 2026.
Polycab India Limited has re-appointed Ms. Sutapa Banerjee and Mr. Bhaskar Sharma as Non-Executive Independent Directors. Ms. Banerjee's term is for two years effective May 13, 2026, while Mr. Sharma's term is for four years starting May 12, 2026. These appointments aim to strengthen the board's governance and strategic expertise.
Polycab India approved the re-appointment of Ms. Sutapa Banerjee and Mr. Bhaskar Sharma as Independent Directors for second terms of two and four years, respectively. The appointments, effective from May 2026, are subject to shareholder approval via postal ballot. Both directors bring extensive experience in financial services and consumer marketing to the board.