Carnation Industries Ltd

Initiated in 1982, as Carnation Enterprise Private Limited, the Company came to be known as Carnation Industries Limited in 1994. The Company initially started off as a merchant exporter firm and made a gradual shift into manufacturing by the mid-80s' and currently has three Grey Iron foundries and one Ductile Iron unit in West Bengal. Initially, the Company was engaged in the manufacture of foundry based engineering goods namely Castings having plants in West Bengal. The Company's products include ductile and grey iron sanitary castings, such as manholes, catch basins frames and grates; ductile and grey iron valve boxes, meter boxes, surface boxes, service boxes and step iron; ductile and grey iron gulley gratings, syphones and hydrants; ductile iron railway castings; ductile iron M J fittings, push on fittings, related products; ductile iron glands, flanges, anchor flanges and brackets; accessories for fittings; ductile iron industrial and auto casting; marine items, such as mushroom anchors, naval anchors and river anchors; counter weights for fork lifts, and MS, SS bolts, rubber gaskets, GRP plates, brass fittings and industrial leather gloves. It exports its products to the United States, Middle East Asia and Europe. In 2006, the Company set up Third Grey Iron Foundry. Further, it received approval of Ductile Iron Product certification from Dubai Central Laboratory. As of March 31, 2010, the Company had installed capacity to produce 17,500 metric tons of castings. In 2011, it expanded the Ductile Iron plant at Uluberia. It further received approval from Asphalt Paint NSF ANSI -61 from Underwriter Laboratory, USA and in 2014, it received approval from Lead Free Paint NSF-372 from Underwriter Laboratory, USA.'' In 2022, the Company discontinued its manufacturing operations. During FY2025-26, the Company strategically diversified its business operations and ventured into the winery and beverages sector. During the year 2025-26, the Company acquired 100% equity shares of Oniv Beverages Private Limited on 12 April, 2025. The amendment was approved in the Object Clause of the Memorandum of Association of the Company to enable the Company to diversify its business activities by undertaking the business of manufacturing, processing, bottling, trading, importing, exporting and dealing in alcoholic and non-alcoholic beverages, including wines, beer, whisky, gin, rum, brandy, vodka, liqueurs, country liquor, Indian Made Foreign Liquor (IMFL) and other spirits, as well as aerated waters, mineral water, soda, juices, energy drinks and other allied beverage products. The Company has completed the requisite statutory filings in respect of the aforesaid alteration during the FY 2025-26.