Stove Kraft Limited announced that The tenure of Mr. Lakshmikant Gupta will come to an end on 31 May 2023 and he will cease to be Chairperson and Independent Director of the Company with effect from close of business hours on 31 May 2023. The Board has placed on record its appreciation for the valuable services and support provided by Mr. Gupta as Chairperson of the Company. The Board has appointed Mrs. Shuba Rao Mayya Independent Director as new Chairperson of the Company with effect from 01 June 2023.