The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amit Kaushik & PACs

Amit Kaushik, along with Persons Acting in Concert (PACs) including Aditya Kaushik, Dinesh Kaushik, Aneesha Kaushik, Usha Kaushik, Ruchi Kaushik, and Anita Kaushik, have disclosed the acquisition of 1,50,000 equity shares of face value ₹10 each in Inflame Appliances Limited. The acquisition was made on February 10, 2025, through the exercise/conversion of warrants. Post this acquisition, the promoter group's aggregate shareholding stands at 31,63,400 shares, representing 43.60% of the voting capital, up from 41.05% prior to the transaction. On a fully diluted basis, assuming conversion of all outstanding warrants, the promoter holding would rise to 46.16%. The individual PACs hold relatively small stakes (ranging from 0.09% to 0.10% each), with the majority of the holding concentrated with Amit Kaushik at approximately 41.05%–43.60%.