Kajaria Ceramics Limited has issued a clarification to BSE Limited regarding the recent significant increase in trading volumes of its shares across exchanges. The response, dated March 24, 2026, addresses the stock exchange's inquiry about unusual market activity in the company's securities.

Company's Official Response

In its formal communication to BSE, Kajaria Ceramics stated that it has no undisclosed events, information, or developments that could impact the company's operations or performance. The company emphasized its compliance with disclosure requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Market-Driven Volume Increase

The company explicitly stated its inability to provide specific reasons for the volume surge, attributing the increased trading activity to market-driven factors. Kajaria Ceramics clarified that it does not possess any information that could explain the significant increase in share volumes across exchanges.

Regulatory Compliance

The response demonstrates the company's adherence to regulatory requirements by promptly addressing the exchange's query. The communication confirms that all price-sensitive information requiring disclosure under SEBI regulations has been appropriately shared with the exchanges and stakeholders.

The clarification was signed digitally by Ram Chandra Rawat, who serves as the Chief Operating Officer (Administration & Technology) and Company Secretary, ensuring proper authorization and documentation of the company's official position on the matter.

Kajaria ceramics Limited has announced a key senior management appointment, naming Mr. Siddharth Parida as the company's new Chief Marketing Officer (CMO). The appointment was approved by the Board of Directors through a circular resolution passed on March 23, 2026, and will take effect from March 25, 2026.

Board Approval and Appointment Details

The appointment was made following the recommendation of the Nomination and Remuneration Committee. The company disclosed this information to BSE Limited and The National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Background and Qualifications

Mr. Siddharth Parida brings substantial expertise to his new role, holding an MBA in Marketing from XLRI Jamshedpur and a BE in Computer Science from BMS College of Engineering, Bangalore. His educational background combines technical knowledge with specialized marketing expertise.

Extensive Industry Experience

With over 19 years of rich experience, Mr. Parida has worked with several leading organizations across diverse sectors. His career spans multiple industries including technology, FMCG, media, and automotive sectors.

Key Organizations and Roles

Mr. Parida's professional journey includes positions at:

• Infosys Technologies - Technology sector experience
• Amul - FMCG sector expertise
• Asian Paints - Building materials and paints industry
• Tata Sky - Media and telecommunications
• Birla Opus - Building materials sector
• Goodyear Tires - Most recent role as Head of Marketing – India

Specialized Expertise Areas

Mr. Parida has developed extensive expertise in several critical business areas that will be valuable in his new role at Kajaria Ceramics. His specializations include brand launches, business transformation, and acquisitions across the FMCG, Media, and Automotive sectors.

In his most recent position at Goodyear Tires, he served as Head of Marketing – India, where he played a key role in shaping APAC strategy, driving brand premiumisation, and accelerating revenue growth. This experience in premium brand positioning and regional strategy development aligns well with the ceramics and tiles industry requirements.

Strategic Significance

The appointment of Mr. Parida as CMO represents a strategic move by Kajaria Ceramics to strengthen its marketing leadership. His cross-industry experience and proven track record in brand management and business transformation are expected to contribute to the company's marketing initiatives and growth strategies.