Global Surfaces Limited has announced a significant new order for its wholly-owned subsidiary, Global Surfaces FZE, based in Dubai, UAE. The company received a purchase order worth USD 709,842 (approximately ₹6.30 crores) from Caesarstone Ltd., a major player in the engineered quartz surfaces industry.

Order Details

The order specifics are as follows:

Impact on Order Book

Following this new order, Global Surfaces Limited has reported that its total unexecuted order book now stands at approximately ₹58 crores on a consolidated basis. This figure includes orders for both the parent company and its subsidiaries.

Company Operations

Global Surfaces FZE, the subsidiary executing this order, is located in Dubai, UAE. The company specializes in manufacturing and supplying engineered quartz surfaces, catering to international markets.

Market Implications

This order from Caesarstone Ltd., a recognized name in the engineered quartz surfaces industry, potentially signals strong demand for Global Surfaces' products in the international market. It also highlights the company's capability to secure sizeable contracts from established players in the industry.

Regulatory Compliance

The company has made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This ensures transparency and keeps shareholders informed about significant business developments.

Global Surfaces Limited has confirmed that this order is part of the ordinary course of business for the company and its subsidiary. The company also clarified that there is no related party interest in this transaction.

As the engineered quartz surfaces market continues to grow globally, this order could potentially strengthen Global Surfaces Limited's position in the international market. However, investors should conduct their own research and consider various factors before making investment decisions.

Global Surfaces Limited (GSL) has announced a significant change in its leadership structure, appointing Mayank Shah as the company's Chief Financial Officer (CFO) while he continues to serve as the Chairman and Managing Director. This strategic move, effective October 17, 2025, combines Shah's extensive industry experience with an expanded financial oversight role.

Key Appointment Details

Background and Expertise

Mayank Shah brings more than two decades of entrepreneurial and operational experience in the natural and engineered stone industry to his expanded role. His tenure at Global Surfaces has been marked by significant achievements:

• Expansion of the Group's international market presence
• Diversification of product offerings, including engineered quartz
• Establishment of a dual-shore manufacturing model with facilities in India and the UAE
• Development of a robust customer and distribution network, particularly in high-value export markets like the U.S. and MENA region

Educational Background and Strategic Focus

Shah holds a bachelor's degree in commerce from the University of Calcutta. In his leadership roles, he has been focusing on:

• Strategic business expansion
• Capital allocation
• Innovation
• Long-term value creation for stakeholders

Notably, Shah has been actively involved in the Group's finance function, which likely contributed to the decision to appoint him as CFO.

Corporate Governance and Disclosure

The appointment was approved by the Board of Directors following recommendations from the Nomination and Remuneration Committee and Audit Committee. This decision aligns with the company's commitment to transparent corporate governance, as evidenced by their prompt disclosure to stock exchanges in compliance with SEBI regulations.

Global Surfaces Limited's decision to consolidate these crucial roles under Mayank Shah's leadership suggests a strategy to leverage his comprehensive understanding of the business for enhanced financial management and strategic growth. As the company moves forward, stakeholders will be watching closely to see how this integrated leadership approach impacts Global Surfaces' performance and market position in the competitive stone industry.