STOCKWATCH
·
Houseware
New Launch2 Apr 2024, 04:56 pm

Inflame Appliances Ltd Announces New Agreement with KAFF Appliances India Private Limited for Exclusive Manufacturing and Product Launch

AI Summary

Inflame Appliances Ltd has announced a new agreement with KAFF Appliances India Private Limited. The agreement, effective from April 1, 2024, is not in the ordinary course of business as per SEBI regulations. KAFF Appliances India Private Limited will provide exclusive designs for certain kitchen appliances, and Inflame Appliances Ltd will manufacture, assemble, and supply these products exclusively to KAFF for a period of 3 years. This agreement also includes the launch of new products, namely wine chillers and built-in refrigerators. Noshareholding or other significant terms have been disclosed in the provided text.

Key Highlights

  • New agreement between Inflame Appliances Ltd and KAFF Appliances India Private Limited
  • Not in ordinary course of business as per SEBI regulations
  • Exclusive manufacturing and supply of kitchen appliances for 3 years
  • Launch of new products: wine chillers and built-in refrigerators
INFLAME
Houseware
Inflame Appliances Ltd

Price Impact