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Awaiting price reaction for this filing.
Lexoraa Industries Ltd has appointed Mr. Sam Sharda Fernandes as its new Chief Financial Officer, effective February 9, 2026. The appointment was approved by the Board on the recommendation of the Nomination and Remuneration Committee. Mr. Fernandes brings around 5 years of experience in finance, accounting, taxation, and auditing. The company stated the move is aimed at strengthening financial management and supporting its growth strategy.
This is a routine key managerial personnel (KMP) appointment with no negative governance signals. For shareholders, it signals renewed focus on financial discipline but is unlikely to move the stock price significantly on its own.