Stove Kraft appoints ex-TTK Prestige MD Chandru Kalro as Vice Chairperson

STOVEKRAFT · price

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AI summary

Stove Kraft's Board has approved the appointment of Mr. Chandru Kalro as Additional Director (Non-Executive Non-Independent) and designated him as Vice Chairperson, effective July 2, 2026, subject to shareholder approval. Kalro was earlier the Managing Director of TTK Prestige from April 2015 to September 2024 and brings 35+ years of experience in the consumer durables industry. He is an IIM Ahmedabad alumnus and is not related to any existing promoters or directors of the company.

Likely market impact

Brings seasoned consumer durables leadership to the Board. Non-executive role, so no day-to-day impact on operations. Subject to shareholder approval.