Inflame Appliances Limited announced a private placement of 661,000 shares at an issue price of INR 382 per share for gross proceeds of INR 252,502,000 on July 9, 2022. The transaction will include participation from Capri Global Holdings Private Limited for 68,000 shares, Ashish Kacholia for 308,000 shares, Nikhil Vora for 77,000 shares, KurugodsetraMayuma for 68,000 shares, Yash Pod dar for 41,000 shares, Sunil Bhatia for 41,000 shares, Ajay Dilkush Sarupria for 27,000 shares, Faisal Zubair Hawa for 15,000 shares, Prasant Desai for 7,000 shares, Jyoti Jain for 5,000 shares and Madhu Devi Nangalia for 4,000 shares.