CARYSIL Limited has announced a significant expansion of its kitchen appliance manufacturing capacity, aiming to strengthen its position in the home appliance market. The company's board of directors has approved a plan to increase production capacity by 50,000 units, bringing the total annual capacity to 150,000 units.

Expansion Details

The expansion project, estimated to cost ₹25.00 crore, will be implemented at CARYSIL's Bhavnagar, Gujarat facility. According to the company's regulatory filing, the new manufacturing line will be set up in a new factory building, which will also house an integrated Glass Processing Plant. This strategic move is expected to enhance CARYSIL's production capabilities and broaden its product offerings.

Funding and Timeline

CARYSIL plans to finance this expansion through a combination of a Qualified Institutional Placement (QIP) and internal accruals. The company has set an ambitious timeline for the project, targeting the commencement of commercial production in the first quarter of the financial year 2026-27.

Project Milestones

The expansion project will unfold in several key stages:

1. Construction of the new factory building
2. Placement of orders for machinery
3. Installation of equipment
4. Conducting trial runs

Regulatory Compliance

CARYSIL has assured stakeholders that all necessary statutory and environmental approvals will be obtained prior to the commissioning of the new production line. This commitment underscores the company's adherence to regulatory standards and environmental responsibilities.

Market Impact

While specific financial projections have not been disclosed, CARYSIL anticipates that the expansion will significantly boost its production capacity, diversify its product range, and ultimately lead to increased revenues. The company stated that detailed financial impact assessments will be shared upon finalization of the project.

This expansion move by CARYSIL reflects the company's confidence in the growing demand for kitchen appliances and its commitment to meeting market needs. As the project progresses, investors and industry observers will be keenly watching how this capacity boost translates into market share and financial performance for CARYSIL in the competitive home appliance sector.

Carysil Limited has announced a significant addition to its leadership team, appointing Ms. Shveta Sharma as Vice President of Sales for STERNHAGEN & B2B divisions. The company has also designated her as a Senior Management Personnel, effective September 15, 2025.

Board Approval and Appointment Details

The Board of Directors of Carysil Limited approved the appointment based on the recommendation of the Nomination and Remuneration Committee. This decision was disclosed in a filing to the stock exchanges, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shveta Sharma's Impressive Background

Ms. Sharma brings over two decades of experience to her new role at Carysil Limited. Her career highlights include:

• 20+ years of expertise in driving growth across luxury lifestyle and building materials sectors
• Successful leadership in enterprise partnerships with marquee clients
• Development of high-impact channels and award-winning go-to-market strategies across India and South Asia
• Recognition as 'LIXILian of the Year' for her outstanding contributions
• Proven track record in cross-functional leadership
• Consistent top-line growth achievements in both B2B and B2C markets

Strategic Implications

The appointment of Ms. Sharma as VP Sales (STERNHAGEN & B2B) is expected to bolster Carysil Limited's sales strategies and market presence. Her extensive experience in the luxury lifestyle and building materials sectors aligns well with Carysil's product portfolio, which includes high-end kitchen and bath solutions.

Company's Perspective

Reena Shah, Company Secretary & Compliance Officer of Carysil Limited, stated in the regulatory filing that this appointment is part of the company's ongoing efforts to strengthen its senior management team. The move is anticipated to contribute to Carysil's growth and market positioning in the competitive luxury lifestyle and building materials industry.

Carysil Limited's decision to bring Ms. Sharma on board reflects the company's commitment to enhancing its sales capabilities and leadership in the STERNHAGEN and B2B segments.