The board of directors of Stone India Limited at its meeting held on July 10, 2017, has approved the appointment of Mr. Ravi Prakash Ganti as the Managing Director & CEO of the company, with effect from July 10, 2017 and release of Mr. Debashis Chakravarty from the position of Managing Director & CEO of the company with immediate effect. The board has also designated Mr. Binit Kumar Kanoi, Chief Financial Officer, as the Compliance Officer of the company.