Polycab India Limited has announced the re-appointment of two key Independent Directors to its Board. Following recommendations from the Nomination and Remuneration Committee, the company has cleared the path for Ms. Sutapa Banerjee and Mr. Bhaskar Sharma to serve second terms. These appointments are subject to final approval by the company’s members via postal ballot, marking a significant step in maintaining leadership continuity for the organization.
Leadership Continuity Secured
During the board meeting held on April 03, 2026, Polycab India finalized plans to extend the tenures of two experienced Independent Directors. These re-appointments are designed to leverage the existing expertise of these board members, ensuring sustained strategic oversight as the company moves into the next fiscal period.
Details of Board Re-appointments
The company has confirmed the following terms for the re-appointed directors:
- Ms. Sutapa Banerjee: Re-appointed for a second term of 2 consecutive years, effective from May 13, 2026, through May 12, 2028.
- Mr. Bhaskar Sharma: Re-appointed for a second term of 4 consecutive years, effective from May 12, 2026, through May 11, 2030.
Both individuals will continue to serve as directors not liable to retire by rotation, reflecting their essential roles in the company’s governance structure.
Profiles and Experience
Ms. Sutapa Banerjee brings over 35 years of professional experience, with a strong background in the financial services sector including leadership roles at multinational banks. She is also recognized for her expertise in corporate governance.
Mr. Bhaskar Sharma is a business leader and marketing expert with extensive experience in driving growth across emerging markets in Asia Pacific, Africa, and the Middle East. His background includes serving as a Director and CEO in previous corporate roles, bringing significant international management perspective to the company.
Source: BSE
