The company's main business is manufacturing kitchen and gas appliances such as cooking range, mixie, oven toaster-griller, juicer, etc which is now be handed over to the new management.

Sources said the management has already started functioning, with the new managing director AK Dutta assuming charge.

Confirming the development, when contacted, Dutta said, "We would first concentrate on the consolidation of the company's business."

"We are getting the hang of the business right now", he said.

It is not known at present whether the Inalsa brand name would continue or the management would float a new name. A top official said "the name of the new company for now continues to be Inalsa Appliances and a final shape of the company and its proposed activities would emerge next month".

The company has been facing labour problems for sometime now and this would haveaffected the business, sources said. "The company is in a state of flux so it would not be correct to give any details on its businesses", he added.

Repeated efforts to contact the company's president Deepak Singh and other executives proved futile. Company officials refused to comment on the price paid for the acquisition.

Inalsa's supplies to its distributors in the market have been suspended from time to time and have been delayed. This may be due to the change in management affecting the company's operations.

Inalsa is a well-established name in the home appliances market. It is a 30-year old multi-product, multi-division company engaged in the manufacturing and marketing of a range of light engineering products that covers the industrial, consumer durable and public health sectors. Inalsa has been accorded an export-house status with almost 25 per cent of its revenue being generated through exports.

The company employs around 900 people and its turnover for the year-ended March 31, 1997 was Rs107 crore. Its sales have risen by almost 60 per cent in the past two years to touch the hundred crore mark. Its main competitors are Maharaja Appliances, Singer and small companies such as Sunflame.

In the last few years the company has been carrying out job-work for larger appliances companies.