BSEMarble City India LtdHighNegative
Announced Wed, 1 Apr · 17:11 IST

Resignation of Ms. Shivi Sharma from the post of CFO .

Cfo ResignedKmp ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹97.85
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+0.9-4.9+3.2-4.9-1.9-4.9-2.1-0.1-7.0+38.9
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AI summary

Ms. Shivi Sharma has tendered her resignation as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of Marble City India Ltd, effective from 20th March 2026. The stated reason for her departure is personal/professional reasons. The company had initially received only an email notification and attempted to negotiate her retention until 31st March 2026, which caused a delayed disclosure to the stock exchange. The company has confirmed there are no undisclosed material reasons behind her resignation. Management is currently seeking a replacement for the CFO position and will intimate the exchange once a suitable candidate is appointed.

Likely market impact

The sudden departure of the CFO creates a leadership vacuum in the finance function. Until a replacement is formally appointed and disclosed, investors may face uncertainty regarding the company's financial oversight and reporting stability.