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Inflame Appliances Ltd (541083)

📊 NSE: 541083 🏢 Houseware 📅 Last Updated: 11/13/2025 15:25

📢 Recent Corporate Announcements

Inflame Appliances Schedules 9th AGM for Sept 7, 2026; E-Voting Cut-Off on Aug 31

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 17 Aug 2026, 06:20 PM

Inflame Appliances Limited has dispatched intimation letters containing the Annual Report 2025-26 web-link to shareholders whose e-mail addresses are not registered. The company's 9th Annual General Meeting (AGM) is scheduled for Monday, September 07, 2026, at 11:00 AM IST via video conferencing. The cut-off date for e-voting eligibility has been set as Monday, August 31, 2026, with remote e-voting open from September 04 to September 06, 2026.

9th Annual General Meeting scheduled for Monday, September 07, 2026, at 11:00 AM IST via VC/OAVM
E-voting cut-off date determined as Monday, August 31, 2026
Remote e-voting window opens September 04, 2026 (9:00 AM) and closes September 06, 2026 (5:00 PM)
Filing made under Regulation 36(1)(b) of SEBI LODR for dispatching Annual Report 2025-26 links

💡 Eligible shareholders wishing to vote on AGM resolutions should track the cut-off date of August 31, 2026, and cast their votes between September 04 and September 06, 2026.

Inflame Appliances Appoints M/s Balwinder & Associates as Cost Auditor for FY 2026-27

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 13 Aug 2026, 06:40 PM

Inflame Appliances Ltd has appointed M/s Balwinder & Associates as its Cost Auditor for the financial year 2026-27. The appointment was approved by the Board of Directors on August 12, 2026, following the Audit Committee's recommendation. The audit firm is led by Dr. Balwinder Singh, a former President of the Institute of Cost Accountants of India with 28 years of experience. This is a standard procedural compliance filing under SEBI regulations for manufacturing companies.

Appointment of M/s Balwinder & Associates as Cost Auditor for the Financial Year 2026-27
Board meeting held on August 12, 2026, lasting 45 minutes from 03:45 P.M. to 04:30 P.M.
The audit firm is supported by 6 Partner Cost Accountants and a staff exceeding 20 people
Lead partner Dr. Balwinder Singh has 28 years of experience and served as President of the Institute of Cost Accountants of India (2019-20)

💡 This is a routine administrative update; investors should focus on the company's operational performance and debt-to-equity ratio of 0.87 in upcoming quarterly results.

Inflame Appliances Announces Leadership Shift; Amit Kaushik Proposed as MD & CEO

🟡 NEUTRAL ⭐ 7/10

MANAGEMENT 📅 12 Aug 2026, 06:43 PM

Inflame Appliances has scheduled its 9th Annual General Meeting (AGM) for September 7, 2026, following a significant leadership transition. Founder Aditya Kaushik is stepping down from executive responsibilities to become Non-Executive Chairman, while Amit Kaushik is proposed as the new MD & CEO with a proposed remuneration of ₹60 lakhs per annum. The company reported FY26 revenue of ₹152 Cr, a 43% increase from FY25, with PAT doubling to ₹6 Cr. However, the company has seen recent exits, including the CFO in July 2026 and a Whole Time Director in April 2026.

9th AGM scheduled for September 7, 2026, with a voting cut-off date of August 31, 2026
Amit Kaushik proposed as MD & CEO with a monthly remuneration of ₹5,00,000 (₹60 lakhs p.a.)
CFO Bindu Bhardwaj resigned effective July 16, 2026; position remains to be filled
FY26 Revenue grew to ₹152 Cr from ₹106 Cr in FY25, representing 43% YoY growth
Anusheel Kaushik is leading the implementation of a new manufacturing project at Maheshwaram, Hyderabad

💡 Investors should monitor the AGM voting results for management appointments and watch for the announcement of a new Chief Financial Officer to ensure financial governance stability.

Inflame Appliances Proposes Rs 25 Cr Related-Party Loan Limit and Management Re-shuffling

🔵 WATCH ⭐ 6/10

MANAGEMENT 📅 12 Aug 2026, 06:34 PM

Inflame Appliances has issued a notice for its 9th AGM on September 07, 2026, featuring several material proposals. Most notably, the company seeks approval to provide loans or guarantees to related entities up to Rs 25 Crores, which represents approximately 41% of its current net worth (Rs 61 Cr). The agenda also includes a leadership transition where Mr. Amit Kaushik is proposed as Managing Director, while the current CMD, Mr. Aditya Kaushik, moves to a Non-Executive role. Furthermore, significant remuneration hikes are proposed for Whole-time Directors, including a jump for Mr. Naveen Kumar from Rs 1.8 Lakh per annum to Rs 24 Lakh per annum.

Proposed limit for loans, guarantees, or securities to related entities set at Rs 25 Crores
Mr. Amit Kaushik proposed for appointment as Managing Director with a monthly salary of Rs 5,00,000
Mr. Naveen Kumar's remuneration proposed to increase from Rs 1.8 Lakh per annum to Rs 2 Lakh per month
Mr. Aditya Kaushik to transition from Chairman and Managing Director to Chairman and Non-Executive Director
AGM scheduled for September 07, 2026, with a voting cut-off date of August 31, 2026

💡 Investors should monitor the AGM voting results, specifically the approval of the Rs 25 Cr loan limit and the substantial increases in director remuneration relative to the company's TTM PAT of Rs 9 Cr.

Inflame Appliances Appoints Amit Kaushik as MD; Aditya Kaushik Shifts to Non-Executive Role

🟡 NEUTRAL ⭐ 7/10

MANAGEMENT 📅 12 Aug 2026, 06:22 PM

Inflame Appliances has announced a leadership transition where current CEO Amit Kaushik will take over as Managing Director, subject to shareholder approval. The current Chairman and MD, Aditya Kaushik, will transition to a Non-Executive Chairman role effective August 12, 2026. Additionally, the board approved the re-appointment of Naveen Kumar as Whole Time Director for one year and scheduled the 9th Annual General Meeting (AGM) for September 7, 2026. These changes occur as the company maintains a TTM revenue of ‡258 Cr and a market capitalization of ‡163 Cr.

Mr. Amit Kaushik (current CEO) appointed as Managing Director, bringing 31 years of strategic management experience.
Mr. Aditya Kaushik transitions from Chairman and MD to Chairman and Non-Executive Director effective August 12, 2026.
9th Annual General Meeting (AGM) scheduled for September 07, 2026, via video conferencing.
Mr. Naveen Kumar re-appointed as Whole Time Director for a 1-year term starting September 29, 2026.
Board approved the provision of loans or guarantees under Section 185 of the Companies Act, 2013.

💡 Investors should monitor the upcoming AGM on September 7, 2026, for further clarity on the leadership transition and details regarding the approved loans/guarantees under Section 185.

34% Revenue Growth in Q1 FY27; Chimney Volumes Surge 42% YoY

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 16 Jul 2026, 05:30 PM

Inflame Appliances reported a strong Q1 FY27 with revenue reaching ₹35.6 crore, a 34% increase from ₹26.7 crore in the previous year. Growth was primarily driven by a 42% surge in chimney sales volumes, totaling 64,103 units. Operational efficiency improved as capacity utilization rose to 42.7% from 30.2% YoY. The company also expanded its technical capabilities by acquiring a 34% stake in Tricoree Machmatrix to focus on IoT and smart control systems.

Total revenue increased 34% YoY to ₹35.6 crore in Q1 FY27.
Chimney sales volumes grew 42% YoY to 64,103 units, outstripping revenue growth due to product mix changes.
Capacity utilization improved significantly to 42.7% compared to 30.2% in Q1 FY26.
Panchkula facility recorded over 60% volume growth, driving overall performance.
Acquired a 34% equity stake in Tricoree Machmatrix Private Limited for electronics and IoT capabilities.

💡 Investors should monitor the impact of the July 2026 price revisions on sales volumes and profit margins in the upcoming Q2 results to see if demand remains resilient against higher costs.

Resignation of CFO Ms. Bindu Bhardwaj Effective July 16, 2026

🟡 NEUTRAL ⭐ 7/10

MANAGEMENT 📅 15 Jul 2026, 03:16 PM

Inflame Appliances Ltd has announced the resignation of Ms. Bindu Bhardwaj from the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). The resignation was tendered on July 14, 2026, citing personal reasons and commitments. She will be officially relieved of her duties on July 16, 2026. The company has not yet announced a successor for this critical financial leadership role.

Ms. Bindu Bhardwaj resigned as CFO and KMP effective July 16, 2026
Resignation letter was submitted on July 14, 2026, citing personal reasons
The transition period is notably short, with only 2 days between the resignation letter and the effective date
The company confirmed there are no other material reasons for the resignation

💡 Investors should watch for the appointment of a new CFO to ensure continuity in financial reporting and internal controls, especially given the rapid departure timeline.

Resignation of CFO Ms. Bindu Bhardwaj Effective July 16, 2026

🟡 NEUTRAL ⭐ 7/10

MANAGEMENT 📅 15 Jul 2026, 03:03 PM

Inflame Appliances Ltd has announced the resignation of Ms. Bindu Bhardwaj from the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). The resignation was tendered on July 14, 2026, citing personal reasons and commitments, with her final day set for July 16, 2026. The company has not yet announced a successor for the role. The outgoing CFO has confirmed that there are no other material reasons for her departure beyond those stated.

Resignation letter submitted by Ms. Bindu Bhardwaj on July 14, 2026
Effective date of cessation from the CFO role is July 16, 2026
Departure cited as being due to personal reasons and commitments
Confirmation provided that no other material reasons exist for the resignation

💡 Investors should monitor future filings for the appointment of a new CFO to ensure continuity in financial reporting and internal controls.

Inflame Appliances Updates KMP List for Materiality Disclosures Effective July 15, 2026

🟡 NEUTRAL ⭐ 2/10

MANAGEMENT 📅 15 Jul 2026, 01:15 PM

Inflame Appliances Ltd has updated its list of Key Managerial Personnel (KMP) authorized to determine the materiality of events and information for stock exchange disclosures. This update, effective July 15, 2026, is a procedural requirement under Regulation 30(5) of SEBI (LODR) Regulations. The authorized team includes the CEO, a Whole Time Director, and the Company Secretary. This filing is administrative in nature and does not reflect any change in business operations or financial performance.

Updated list of 3 Key Managerial Personnel (KMP) authorized for materiality determination
Effective date for the updated authorization is July 15, 2026
Authorized personnel include Mr. Amit Kaushik (CEO), Mr. Anusheel Kaushik (WTD), and Ms. Divya Mewara (CS)
Contact details provided include a central telephone number +917496979231 and email cs@inflameindia.com

💡 This is a routine administrative update. Investors should focus on upcoming quarterly results or operational announcements for material business developments.

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