Marble City India appoints Mr. Laxman as Chief Financial Officer

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Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-0.2% vs market

Other Construction Materials peers, median of 16sector+1.0%+0.1% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.1 pts more than its Other Construction Materials peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Marble City India Limited has appointed Mr. Laxman as its Chief Financial Officer, designated as Key Managerial Personnel, effective August 1, 2026. He holds a Masters in Commerce and brings over 20 years of experience in Accounts and Finance. The appointment was approved by the Board of Directors on July 31, 2026, on the recommendation of the Nomination and Remuneration Committee.

Likely market impact

New CFO with 20+ years of finance experience may strengthen financial management, controls and reporting at the company.