Exxaro Tiles Limited has informed the Exchange regarding Appointment of Mr. Jigneshkumar B. Patel as Chief Financial Officer of the company w.e.f. November 18, 2025.

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EXXARO · price

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Price reactionminutes from the announcement price · days from the prior close

-1.7%Reaction day

₹8.70

prior close

₹8.61

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.8%-0.9% vs market

Ceramics peers, median of 10sector-0.9%-0.9% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.9 pts less than its Ceramics peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

+1.7-1.0+2.7-1.4+3.1

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-4.5-3.4-1.1-4.8+0.4

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-18.6-7.1-11.5-9.6-9.0

UpDownMarket · Nifty Microcap 250Sector · Ceramics peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Exxaro Tiles Limited has appointed Mr. Jigneshkumar B. Patel as the Chief Financial Officer of the company. The appointment will be effective from November 18, 2025. Mr. Patel will take on the responsibility of overseeing the financial operations and strategy of the company. This is a key managerial personnel (KMP) change at the leadership level.

Likely market impact

A new CFO appointment can signal a change in financial strategy or leadership refresh. Shareholders should monitor the company's upcoming financial performance and disclosures to assess the new CFO's impact on operations and reporting.