Polycab India Limited has formally incorporated a new wholly owned subsidiary, Polycon Infra Projects Private Limited (PIPPL), as of April 24, 2026. This strategic move aims to bolster the company’s presence in the engineering and construction sector. PIPPL will serve as an extended arm for the parent company, specifically focusing on large-scale infrastructure projects including power distribution, transmission, and telecommunications.
Strategic Expansion of Service Portfolio
To support its long-term growth strategy, Polycab India Limited has established Polycon Infra Projects Private Limited (PIPPL). This newly formed entity is designed to act as an extended business arm, enabling the company to better execute complex Engineering, Procurement, and Construction (EPC) projects. By housing these operations in a dedicated subsidiary, Polycab aims to streamline its project delivery capabilities in the power and telecom infrastructure sectors.
Capital Structure and Ownership
As the parent organization, Polycab India Limited holds a 100% stake in the new subsidiary. The company subscribed to 1,00,000 equity shares at a face value of ₹10 per share, resulting in a total initial investment of ₹10,00,000. Currently, the subsidiary is established with an authorised capital of ₹1.00 crore and a paid-up capital of ₹10.00 lakh, positioning it to undertake specialized industrial and infrastructure contracts.
Focus on Power and Telecom Infrastructure
The establishment of PIPPL signals a focused effort by Polycab to deepen its involvement in critical infrastructure development. The entity will primarily target the power distribution and transmission segments, alongside the telecom industry. This expansion is expected to enhance the company’s ability to participate in major national infrastructure initiatives, reinforcing its role as a comprehensive solutions provider in the energy and connectivity landscape.
Source: BSE
