Mayank Shah appointed Chief Financial Officer alongside Chairman and Managing Director

Management Changes View source PDF Explain this filing

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

+4.0%Reaction day

₹86.99

prior close

₹95.74

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+4.5% vs market

Granites & Marbles peers, median of 6sector-0.5%+4.6% vs sector

On the reaction day the stock moved 4.5 pts more than Nifty Microcap 250 and 4.6 pts more than its Granites & Marbles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

-0.7

15m

-0.5

30m

-2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.0-0.5+4.5-0.5+4.6

Next day

+25.7+0.5+25.2-0.1+25.8

+27.6+1.5+26.1+1.3+26.3

+18.7+1.1+17.6-0.1+18.8

+19.0+0.7+18.3+2.8+16.2

+17.0+1.1+15.8+1.0+15.9

+14.4+1.8+12.5+2.6+11.8

15d

+47.4-0.4+47.7-2.6+50.0

+50.1+1.0+49.2-4.7+54.9

+26.7-5.8+32.4-4.7+31.4

+4.6-8.9+13.5-11.3+15.9

UpDownMarket · Nifty Microcap 250Sector · Granites & Marbles peers, median of 6Pending

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

AI summary

Global Surfaces Limited appointed Mr. Mayank Shah as Chief Financial Officer with immediate effect from October 17, 2025. He continues as Chairman and Managing Director. The appointment was recommended by the nomination and remuneration and audit committees. Shah has over two decades of experience in the natural and engineered stone industry and has been involved in the group’s finance function.

Likely market impact

The combined roles may strengthen finance oversight and management continuity. The filing disclosed no direct financial or stock-price impact.