Polycab India Limited has announced the incorporation of a wholly owned subsidiary named Polycon Infra Projects Private Limited (PIPPL) in India. The Certificate of Incorporation was received from the Registrar of Companies on 24 April 2026.
Polycon Infra Projects Private Limited has been established with an authorised capital of ₹1 crore and a paid-up capital of ₹10 lakh. The new entity will primarily focus on the power distribution, transmission, and telecom industries. It will serve as an extended arm of Polycab India Limited, undertaking Engineering, Procurement, and Construction (EPC) projects among other business activities.
Polycab India Limited is the holding company of PIPPL and holds 100% of its shares. The company has subscribed to 1,00,000 equity shares at a face value of ₹10 each, amounting to a total subscription cost of ₹10 lakh.
The establishment of PIPPL is part of Polycab India Limited’s strategic expansion into sectors related to power and telecom infrastructure. No governmental or regulatory approvals were required for this incorporation.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).