Subsidiary incorporated by EKI for the strengthening the backward integration of carbon credit supply through its Green Cooking initiative. EKI’s Green Cooking initiative is a sustainable community development program that was launched in 2018. Under the initiative, the company provides efficient Improved Cook Stoves (ICS) free of cost to economically weaker families in remote locations across the globe. The subsidiary commenced operations at its Nashik plant in April 2022 to manufacture 1.2 million+ ICS per year. We plan to increase this capacity to 3million+ ICS per year in a phased manner with an aim to empower more homes. In addition to reduction of harmful smoke emissions, our ICS offers numerous benefits that align with multiple UN Sustainable Development Goals (SDGs) including – climate action, reduction in firewood consumption, forest and biodiversity conservation, good health & well being, employment creation, savings in health cost, enhancement of indoor air quality inside homes amongst others.