Elegant Marbles & Grani Industries Limited, a company listed on the Bombay Stock Exchange (BSE: 526705), has announced the appointment of Ms. Arpita Harshad Doshi as its new Company Secretary and Compliance Officer. The appointment, effective August 26, 2025, was approved by the company's Board of Directors following a recommendation from the Nomination and Remuneration Committee.

Key Details of the Appointment

• Appointee: Ms. Arpita Harshad Doshi (Membership No.: A45554)
• Position: Company Secretary and Compliance Officer
• Effective Date: August 26, 2025
• Designation: Key Managerial Personnel under Section 203 of the Companies Act, 2013

Professional Background

Ms. Doshi brings a wealth of experience to her new role at Elegant Marbles & Grani Industries:

• Qualified Company Secretary and Law Graduate
• 10 years of diverse industry experience, including ship-breaking, metallurgy, and entertainment sectors
• Expertise in handling compliances under:
  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Foreign Exchange Management Act, 1999

Regulatory Compliance

The appointment aligns with several regulatory requirements:

1. Section 203 of the Companies Act, 2013
2. Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014
3. Regulation 6(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
4. Regulation 9(3) read with Regulation 2(1)(c) of SEBI (Prohibition of Insider Trading) Regulations, 2015

Corporate Governance

The Board meeting that approved Ms. Doshi's appointment was held on August 26, 2025, commencing at 12:30 PM and concluding at 1:10 PM. This information was disclosed to the BSE Limited as part of the company's compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The appointment of Ms. Arpita Harshad Doshi is expected to strengthen Elegant Marbles & Grani Industries' corporate governance framework and ensure continued compliance with various regulatory requirements.

Elegant Marbles & Grani Industries Limited has announced its financial results for the first quarter, showcasing a remarkable improvement in profitability.

Financial Highlights

The company reported a significant increase in its net profit for the quarter. Net profit stood at ₹83.57 lakhs, a substantial rise from ₹17.63 lakhs in the corresponding quarter of the previous year, marking a 374.02% year-on-year growth.

Revenue from operations saw a modest increase of 2.64%, reaching ₹681.75 lakhs compared to ₹664.18 lakhs in the same quarter last year.

Other Key Points

• The company recorded exceptional items of ₹35.82 lakhs during the quarter.
• Total comprehensive income reached ₹996.11 lakhs, bolstered by other comprehensive income items.
• Basic and diluted earnings per share (EPS) for the quarter were ₹2.82, significantly higher than the previous year's quarter.

Management Approval and Audit Review

The Board of Directors of Elegant Marbles & Grani Industries Limited approved these results in a meeting held on August 13. The statutory auditors, M/s. JD Pawar & Associates, provided an unqualified review opinion on the financial results.

About Elegant Marbles & Grani Industries Limited

Elegant Marbles & Grani Industries Limited operates in the marble and granite industry, providing various products and solutions.

The financial results demonstrate the company's strong performance in the first quarter, with significant improvements in profitability despite modest revenue growth. Investors and stakeholders may find these results encouraging, particularly the substantial increase in net profit and earnings per share.