Mumbai, Maharashtra, India, April 2026 – Classic Marble Company (CMC), one of India’s leading luxury surface brands trusted across millions of homes and spaces, has appointed Murali Kumar as Chief Financial Officer (CFO). The appointment marks a decisive step in the company’s evolution from a successful family-run enterprise to a more professional, process-driven organisation, while strengthening CMC’s position as one of India’s most admired luxury surface brands.
In this role, Murali will oversee the company’s financial strategy, governance, and operations, playing a pivotal role in shaping a robust financial foundation that supports steady growth, operational excellence, and long-term value creation in the competitive premium surfaces industry. He will focus on modernising financial systems, enhancing transparency through advanced MIS frameworks, and implementing AI and advanced technology to improve speed, accuracy, and insights in decision-making.
Murali is a seasoned finance professional with over 15 years of experience across manufacturing, technology, retail, and e-commerce sectors. A qualified Chartered Accountant and Company Secretary, he brings deep expertise in financial planning, cost optimisation, process transformation, and governance. Prior to joining CMC, he served as General Manager – Finance at Duroflex and held senior finance leadership positions at Wipro, Arvind Brands, Landmark Group, and Shoe Mart, where he consistently delivered stronger financial controls and supported business expansion initiatives.
Commenting on the appointment, Mohanraj Jagannivasan, CEO, Classic Marble Company, said, “As CMC enters its next phase of growth in the luxury surfaces space, building a strong financial foundation is critical. Murali’s rich cross-industry experience and hands-on approach to creating efficient, technology-driven systems will be invaluable in helping us grow with discipline, agility, and a clear focus on long-term value creation.”
Murali Kumar, Chief Financial Officer, Classic Marble Company, said, “I am delighted to join Classic Marble Company at this exciting juncture. With its strong legacy in premium surfaces and iconic offerings like natural marble and the globally admired KalingaStone brand, CMC is uniquely positioned to redefine luxury living spaces. I look forward to partnering with the leadership team to build robust financial systems, leverage technology for greater efficiency, and support sustainable expansion across India and international markets; all while helping strengthen CMC’s position as one of India’s most premium and desired surfaces brand.”
Founded in 1994, Classic Marble Company (CMC) is one of India’s leading importers of natural marble and a pioneer in engineered stone solutions, the only company to cross Rs.1000 crore turnover.. Headquartered in Mumbai, CMC has built a strong reputation as a preferred partner for architects, designers, and developers across residential, commercial, and hospitality projects.
With over 400 million sq. ft. of marble supplied and a portfolio of more than 2000 varieties sourced globally, the company offers a diverse range of premium surface solutions. Its flagship brand, KalingaStone, along with curated collections and global collaborations, reflects CMC’s commitment to innovation, quality, and design excellence.
CMC also operates a state-of-the-art manufacturing and processing facility in Silvassa spread across 100 acres, one of the world’s largest experience centre – equipped with world’s most advanced technology and automation like Forza 360 to ensure precision, consistency and high quality products.
Being awarded with the ET Best Brands award in 2021, CMC is present in over 60 countries and continues to redefine luxury surfaces through advanced manufacturing, sustainable practices, and cutting-edge design.
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