Polycab India Ltd. , a prominent player in the Indian electrical goods industry, recently conducted a significant block trade on the National Stock Exchange (NSE), highlighting investor interest in the company's shares.

Block Trade Details

The block trade involved approximately 149,094 shares of Polycab India, which were transacted at a price of Rs. 6,754.50 per share. This substantial trade resulted in a total transaction value of Rs. 100.71 crores.

Market Impact

Block trades of this magnitude often attract attention from market participants as they can indicate significant moves by institutional investors or large shareholders. Such transactions can sometimes influence market sentiment and trading patterns in the short term.

About Polycab India Ltd.

Polycab India Ltd. is a leading manufacturer of electrical wires and cables in India. The company has diversified into various electrical products, including:

• Wires
• Cables
• Fast-moving electrical goods (FMEG)
• Other related products

While the specific reasons behind this block trade have not been disclosed, such transactions are typically executed off-market to minimize the impact on the stock's regular trading price and volume.

Investors and market analysts will likely monitor Polycab India's stock performance and any subsequent disclosures to gauge the potential implications of this significant trade on the company's ownership structure or market perception.

Polycab India Limited , a leading manufacturer of wires and cables, has announced a significant change in its top management. Gandharv Tongia, the company's Executive Director and Chief Financial Officer (CFO), has tendered his resignation, citing personal reasons.

Key Details of the Resignation

• Effective Date: Tongia's resignation will be effective from the close of business hours on or before October 27, 2025.
• Position: Executive Director & CFO (Key Managerial Personnel)
• Reason: Personal reasons, as stated in the company's filing

Company's Response

The Board of Directors and Management of Polycab India Limited have acknowledged Tongia's contributions during his tenure with the company. In an official statement, they expressed their sincere appreciation for his service.

Regulatory Compliance

Polycab India Limited has made this announcement in compliance with Regulation 30 read with Schedule III of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company has duly informed both the BSE Limited and the National Stock Exchange of India Limited about this development.

About Polycab India Limited

Polycab India Limited is a prominent player in the Indian wire and cable industry. The company's registered office is located in Halol, Gujarat, while its corporate office is situated in Mumbai, Maharashtra.

Looking Ahead

As the transition period approaches, stakeholders will be keen to see how Polycab India Limited plans to fill this crucial position. The company has not yet announced a successor for the CFO role.

This change in the top management comes at a time when companies across sectors are focusing on strong financial stewardship to navigate the evolving economic landscape. Polycab India Limited's next steps in appointing a new CFO will be closely watched by investors and industry observers alike.