Stove Kraft Limited — Important, 25-11-2024: Commencement of commercial production/operations

The newly constructed Cast Iron foundry at the Harohalli factory has been commissioned at a cost of ₹40 Cr. This automated production line is capable of producing a diverse range of cast iron cookware and high-quality components. Currently, the foundry has an installed capacity of 2.2 million pieces per annum, with plans to double this to 4.4 million pieces in the future. This expansion reflects a strategic move to enhance production capabilities and meet growing demand, presenting a positive outlook for the company’s operational growth and potential revenue increase.