Polycab India Limited has announced the appointment of Niyant Maru as its new Chief Financial Officer (CFO), effective October 28, 2025.
Maru, a seasoned finance professional with nearly three decades of experience across the Tata Group, succeeds Gandharv Tongia, who stepped down from the role in August citing personal reasons.
Before joining Polycab, Maru served as the CFO of Vistara and has previously held key leadership roles at Tata Realty and the Indian Hotels Company Limited (IHCL). He retired from the Tata Group earlier this year in May.
His experience in financial management and corporate governance is expected to strengthen Polycab’s strategic and financial operations as the company continues its growth trajectory.




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