Zuari Industries has received official regulatory approval from the Registrar of Companies, Central Processing Centre for the renaming of its wholly owned subsidiary. The subsidiary, previously known as Forte Furniture Products India Limited, will now operate under the new name Zuari Furniture Limited with effect from 1 April 2026.

Regulatory Approval Details

The company has formally notified stock exchanges about the approved name change under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The notification was sent to both National Stock Exchange of India Ltd and BSE Limited, confirming the completion of all necessary regulatory procedures.

Corporate Communication

The official intimation was signed by Yadvinder Goyal, Company Secretary of Zuari Industries Limited, and communicated to the stock exchanges on 1 April 2026. The notification ensures compliance with listing obligations and provides transparency to stakeholders regarding the corporate restructuring initiative.

Strategic Business Alignment

The renaming from Forte Furniture Products India Limited to Zuari Furniture Limited represents a strategic move to align the subsidiary's corporate identity with the parent company's brand. This change reflects the company's efforts to create a unified brand presence in the furniture segment while maintaining operational efficiency across its subsidiary network.

Implementation and Records

With the regulatory approval now in place, the subsidiary will officially operate under the Zuari Furniture Limited name. The stock exchanges have been requested to update their records to reflect this corporate change, ensuring proper documentation and compliance with market regulations.

Zuari Industries Limited's Sugar, Power & Ethanol (SPE) Division has achieved a remarkable operational milestone by recording its highest-ever sugarcane crushing volume of 159.7 lakh quintals in FY26. This achievement surpasses the company's previous record of 157.2 lakh quintals achieved in FY25, demonstrating consistent operational improvement and enhanced manufacturing capabilities.

Record-Breaking Performance

The SPE Division's exceptional performance was driven by multiple operational improvements including enhanced efficiency, higher capacity utilization, increased cane availability, and an early start to the crushing cycle. The achievement reflects the division's strengthened agricultural sourcing capabilities and optimized mill operations.

Management Commentary

Mr. Athar Shahab, Managing Director of Zuari Industries Limited, emphasized the significance of this milestone: "This milestone reflects consistent improvement in our operations and the discipline we are building across the SPE Division. Our focus is on sustaining this performance and strengthening execution."

Mr. Alok Saxena, Executive Director & Unit Head of SPE Division, highlighted the operational drivers: "The performance this season is driven by stronger engagement with farmers and improvements in field practices. Our teams have supported growers with better crop management and varietal adoption to improve yields and supply. At the mill, tighter operational planning helped us maintain efficient capacity utilisation."

Strategic Outlook

The mill is expected to gain a head start for FY27 with plans to extend crushing operations into April. This strategic approach positions the company favorably for the upcoming season and demonstrates the division's commitment to maximizing operational efficiency.

This milestone sets a new benchmark for the unit and reinforces Zuari Industries' continued focus on operational discipline across its Sugar, Power & Ethanol division. The company operates integrated facilities for sugar production, green power generation, and biofuels, supporting India's energy transition and agri-based economy.