Inflame Appliances achieves highest monthly production of 18,143 units in Sept 2022

4 Oct 2022 , 09:17 AM

Inflame Appliances Limited has achieved monthly production of 18143 units in September 2022, highest production volume achieved by the Company surpassing the previous highest of 14040 units done in the month of July, 2022.

Further, as per the regulatory filing, the Company has initiated towards enhancing the production capacity to 1000 units per day and this is going to be achieved by end December 2022. The existing capacity is 800 units per day and additional 200 units per day capacity addition is proposed at an outlay of Rs2,15,00,000 which will be raised through internal accruals.

In this regard new Laser and Bending machines have been installed and further some more machines are expected to be installed by the end of November 2022.

Moreover, Anusheel Kaushik s/o Amit Kaushik has joined business at Inflame Appliances Limited as Vice President. He has been placed at Hyderabad plant and would be in-charge for implementing new manufacturing project at Maheshwaram, Hyderabad. This new facility at Hyderabad would be at par with any European standards, the company said.

At around 9:17 AM, Inflame Appliances was trading at Rs451.85 per share lower by 2.88% on the BSE.

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