Polycab India Limited has announced a change within its Senior Managerial Personnel (SMP). Mr. Rishikesh Rajurkar, President – Projects, will cease to be an SMP due to a revised reporting structure. However, he will continue his employment with the company. This change is effective from the close of business hours on August 19, 2026. No other changes in his role or reporting are specified beyond this adjustment.
Leadership Transition at Polycab India
Polycab India Limited has officially notified stakeholders of a modification concerning its Senior Managerial Personnel (SMP). The announcement clarifies that Mr. Rishikesh Rajurkar, in his capacity as President – Projects, will no longer be classified as an SMP. This reclassification is a direct result of an internal shift in the company’s reporting structure.
Continued Employment and Effective Date
Despite the change in his SMP designation, Mr. Rajurkar will continue to be a valued member of the company’s workforce. His employment with Polycab India Limited remains unaffected. The effective date for this change in designation and reporting structure is confirmed as August 19, 2026, commencing from the close of business hours on that day.
No Other Changes Noted
The company’s disclosure specifies that this change pertains solely to the SMP classification and reporting alignment. There is no indication of any other alterations to Mr. Rajurkar’s role, responsibilities, or employment terms beyond this adjustment. Further details regarding his specific new reporting lines were not provided in this announcement.
Source: BSE
