Inflame Appliances Ltd Announces Whole-Time Director Resignation and Additional Director Appointment
Inflame Appliances Ltd has announced significant changes to its board structure, confirming the resignation of a Whole-time Director and the appointment of an Additional Director. The changes were formalized during a Board meeting held on Wednesday, April 15, 2026.The Board of Directors noted the resignation of Mr. Ashwani Kumar Goel (DIN-08621161) from the position of Whole-time Director, effective April 15, 2026, citing personal reasons.
In a related development, the Board approved the appointment of Mr. Amit Kaushik as an Additional Director of the Company, effective April 15, 2026. This appointment is subject to the subsequent approval of the shareholders at the ensuing General Meeting. Mr. Amit Kaushik, who currently serves as the Chief Executive Officer (CEO) of the Company, will assume the dual role of CEO and Additional Director.
Details regarding the changes in directorship include:
| Particulars | Mr. Ashwani Kumar Goel | Mr. Amit Kaushik |
|---|---|---|
| Reason for change | Resignation due to personal reasons | Appointment as an Additional Director of the Company. |
| Effective Date/Term | April 15, 2026 | April 15, 2026, subject to approval of Shareholders in the ensuing General Meeting on terms and conditions including remuneration as recommended by the Nomination and Remuneration Committee. |
| Profile | Not applicable | Mr. Amit Kaushik brings over 29 years of experience in business promotion and strategic leadership, focusing on long-term financial sustainability. He leads business strategy, including product development, supplier relations, sales, marketing, and international operations. He holds a Bachelor's degree in Economics and serves as CEO of the company. His expertise in international trade and the Indian appliances market inspires the vision of our company. |
| Relationship Details | Not applicable | Mr. Amit Kaushik is the brother of Mr. Aditya Kaushik, Chairman and Managing Director of the company, and the father of Anusheel Kaushik, Whole-time director. |
| Debarment Status | Not applicable | Mr. Amit Kaushik is not debarred from holding the office of Director by virtue of any SEBI Order or any other such authority. |
Stock Price Movement
Inflame Appliances Ltd shares settled at ₹274.20 at the close of trade today, registering a drop of 4.09%. The stock traded through a notable intraday range, touching a low of ₹269.85 and peaking at ₹285.00.Source:
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