Inflame Appliances Ltd

Inflame Appliances Ltd. reported a strong business update for Q1 FY27, with total revenue increasing by 34% year-on-year to ₹35.6 crore, driven by a significant 42% rise in chimney volumes to 64,103 units. This growth was primarily fueled by a 60% volume increase from the Panchkula facility and robust customer demand. The company also saw improved capacity utilization, rising to 42.7% from 30.2% in the prior year, indicating enhanced operational efficiencies. Additionally, Inflame Appliances incorporated Tricoree Machmatrix Private Limited as an associate company, acquiring a 34% equity stake to bolster its capabilities in electronics and IoT-enabled products. The CEO highlighted that while volume growth outpaced revenue growth due to a product mix change, prices have been revised effective July 2026 to counter rising raw material costs. The company remains focused on manufacturing enhancements and operational efficiencies.

Ms. Bindu Bhardwaj has resigned as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of Inflame Appliances Ltd. Her resignation is effective from July 16, 2026, citing personal reasons and commitments. The company's Board of Directors and management have expressed their appreciation for her contributions and wished her success in her future endeavors. Ms. Bhardwaj has confirmed that there are no other material reasons for her resignation beyond those stated.

Inflame Appliances Ltd announced the resignation of Ms. Bindu Bhardwaj as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). Her resignation, submitted on July 14, 2026, is effective from July 16, 2026, citing personal reasons and commitments. The company expressed appreciation for her contributions and wished her success. Ms. Bhardwaj confirmed no other material reasons for her departure. The company has enclosed the necessary disclosures as per SEBI regulations.

Inflame Appliances Ltd has updated its list of Key Managerial Personnel (KMP) authorized for determining event materiality and making disclosures to stock exchanges. The updated list, effective July 15, 2026, includes Mr. Amit Kaushik (CEO and Additional Director), Mr. Anusheel Kaushik (Whole Time Director), and Ms. Divya Mewara (Company Secretary and Compliance Officer). Contact details for the corporate office, including phone and email, are provided for Mr. Kaushik.

Inflame Appliances Limited's Board of Directors, in a meeting held on May 28, 2026, considered and approved the Audited Standalone and Consolidated financial results for the half-year and year ended March 31, 2026. The board also took on record the Audited Standalone and Consolidated financial statements, including the balance sheet and cash flow statement, for the financial year ended March 31, 2026. The audit report for these results was issued with an unmodified opinion.

Inflame Appliances Limited's Board of Directors, in a meeting held on May 28, 2026, considered, approved, and took on record the Audited Standalone and Consolidated financial results for the half-year and year ended March 31, 2026. The approval also included the Audited Standalone and Consolidated financial statements for the same period, along with the Audit Report which carried an unmodified opinion. The company submitted these documents pursuant to Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Inflame Appliances Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the audited Standalone & Consolidated Financial Results and Financial Statement of the Company for the Half year and Year ended on March 31, 2026. The trading window is closed from April 01, 2026, until 48 hours after the declaration of financial results.

Inflame Appliances Ltd has incorporated an associate company, Tricoree Machmatrix Private Limited, with CIN: U26109HR2026PTC145425. Inflame Appliances holds a 34% stake in Tricoree Machmatrix through its Authorized Representative, Mr. Rajesh Kumar Taneja. Tricoree Machmatrix will engage in manufacturing electronic components, embedded systems, and electric motors. The initial investment by Inflame Appliances is ₹1,02,00,000.

Inflame Appliances Ltd announced the resignation of Mr. Ashwani Kumar Goel from the position of Whole-time Director, effective April 15, 2026, citing personal reasons. Concurrently, the Board of Directors, based on the Nomination and Remuneration Committee's recommendation, approved the appointment of Mr. Amit Kaushik as an Additional Director, also effective April 15, 2026. This appointment is subject to shareholder approval at the ensuing General Meeting. Mr. Amit Kaushik, who currently serves as the Chief Executive Officer (CEO) of the company, will continue in his CEO role alongside his new designation as Additional Director. He brings over 29 years of experience and is related to the Chairman & Managing Director and another Whole-time Director.

Inflame Appliances Ltd announced the resignation of Mr. Ashwani Kumar Goel from the position of Whole-time Director, effective April 15, 2026, citing personal reasons. Concurrently, the Board of Directors approved the appointment of Mr. Amit Kaushik as an Additional Director, effective the same date, subject to shareholder approval. Mr. Kaushik, who currently serves as the company's Chief Executive Officer (CEO), will also hold the title of Additional Director. He brings over 29 years of experience in business promotion and strategic leadership. Notably, Mr. Amit Kaushik is the brother of Mr. Aditya Kaushik, the Chairman and Managing Director, and the father of Mr. Anusheel Kaushik, another Whole-time Director of the company.