Stove Kraft Limited has announced its participation in an upcoming investor conference. The company disclosed that its officials will attend the 360 ONE Capital (B&K) Investor Conference scheduled for May 29, 2026. The event is set to take place at 10 A.M. in Mumbai.

The disclosure was made in compliance with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary purpose of the participation is to facilitate group and one-on-one meetings with investors.

Conference Details

The following table outlines the key details regarding the scheduled participation:

The company noted that the scheduled date and time are subject to change due to exigencies on the part of the company or the investors. Stove Kraft requested that the information be placed on record.

Stove Kraft received Board approval on 25 May 2026 to expand its international footprint through the incorporation of a wholly-owned subsidiary in China and the formation of a joint venture with a local partner. The strategic moves aim to facilitate the trading of goods and the manufacture of triply sheets for cookware. These initiatives are subject to necessary approvals from the Reserve Bank of India, the Foreign Exchange Management Act, 1999, and regulatory authorities in the People's Republic of China.

Wholly-Owned Subsidiary Details

The Board approved the incorporation of Stove Kraft Guangzhou Import Export Limited, or another name as approved by Chinese regulators. Stove Kraft Limited will hold 100% of the shareholding in this entity through cash consideration. The subsidiary will operate in the trading sector, dealing in goods required by the company from time to time. The final name and date of incorporation will be disclosed once the entity is formally established.

Joint Venture Agreement

In a parallel development, the company agreed to form a joint venture with Ningbo Wochi New Materials Co.,Ltd. The joint venture company will be established in China with a 50-50 shareholding structure between Stove Kraft’s proposed wholly-owned subsidiary and the Chinese partner. The primary purpose of this agreement is the manufacture of triply sheets, circles, and other products required for cookware.

Governance and Terms

The joint venture agreement outlines specific governance rights to ensure balanced control between the partners. Both Stove Kraft’s subsidiary and Ningbo Wochi New Materials Co.,Ltd. will have the authority to appoint or change their nominees on the board of directors. In the event of future share issuance, both parties retain the first right of subscription in equal proportion. Furthermore, any changes to the capital structure will require joint approval from both shareholders. The company confirmed that while the transaction falls under related party transactions, it will be conducted on an arm’s length basis.