Stove Kraft has officially announced the appointment of Subhadeep Pal as Vice President Finance with immediate effect on 08 April 2026. The appointment was approved by the Board of Directors through a resolution passed by circulation, following recommendations from the Nomination and Remuneration Committee.

Appointment Details

Professional Qualifications and Experience

Subhadeep Pal brings over 23 years of extensive experience in finance leadership to his new role. He is a qualified Chartered Accountant from ICAI and holds a B.Com (Hons.) degree from Patna University.

Core Expertise Areas

Pal's professional expertise spans multiple critical finance functions:

• Corporate Finance and Controllership
• Internal Audit and Treasury Operations
• Financial Planning & Analysis (FP&A)
• Business Partnering and P&L Management
• Risk Management and Internal Controls
• Strategic Initiatives including M&A
• Business Transformation and Process Improvements

Industry Experience

Pal's career encompasses significant experience across diverse sectors including Pharma, FMCG, Foods, and Energy industries. His previous roles include positions at prominent organizations:

At these organizations, Pal contributed significantly to finance transformation, internal control frameworks, manufacturing finance, strategic decision-making, and finance capability building to enable sustainable value creation. His demonstrated capabilities include strengthening governance frameworks and driving business growth through financial insights.

This strategic appointment reinforces Stove Kraft's commitment to strengthening its financial leadership team with experienced professionals who can drive operational excellence and support the company's growth objectives.

Stove Kraft Limited has submitted its quarterly compliance certificate under SEBI regulations, demonstrating adherence to mandatory reporting requirements for the quarter ended March 31, 2026. The filing represents a routine regulatory compliance measure required for all listed companies in India.

Regulatory Compliance Details

The certificate was filed under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018, which mandates companies to report details of securities dematerialized and rematerialized during each quarter. The submission was made to both major Indian stock exchanges on April 6, 2026.

Registrar Certification

KFin Technologies Limited, serving as the company's Registrar and Share Transfer Agent, issued the required certificates to both National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). The certificates were signed by Bhaskar Roy, Deputy Vice President at KFin Technologies, on April 1, 2026.

The registrar confirmed that all details of securities dematerialized and rematerialized during the quarter have been properly furnished to stock exchanges where Stove Kraft's shares are listed. This certification ensures compliance with SEBI's transparency and reporting requirements for depositories and participants.

Stock Exchange Communication

The company communicated with both BSE Limited and National Stock Exchange of India Limited regarding the compliance filing. Stove Kraft trades on BSE under scrip code 543260 and on NSE under the symbol STOVEKRAFT.

Corporate Information

Stove Kraft Limited operates from its registered office at Harohalli Industrial Area in Ramanagara District, Karnataka, with its corporate office located in Bengaluru. The company maintains its brand portfolio including Pigeon, Gilma, and BLACK+DECKER products in the Indian market.