V2 RETAIL Share price

Our Company was incorporated on July 23 2001 under the Companies Act 1956 as Vishal Retail Private Limited. Our Company was converted to a public limited company on February 20 2006.At the time of incorporation the registered office of our Company was situated at 4 R. N. Mukherjee Road Kolkata 700 001. Subsequently our registered office was shifted to 54/4C Strand Road Kolkata 700 006 on August 1 2001 and on February 14 2004 our registered office was shifted to Mouza Kuch Pukur P.S. Bhangore 24 Paragnas (South) West Bengal. On December 29 2005 our registered office was shifted to RZ-A-95 & 96 Road No. 4 Street No. 9 Mahipalpur Extension New Delhi 110 037 which is the present registered office of our Company.Acquisition of Business from M/s Vishal Garments and M/s The Vishal GarmentsVide a business purchase agreement dated November 23 2001 executed between our Company and Mr. Ram Chandra Agarwal (carrying on proprietorship business in the name of M/s The Vishal Garments) and Mrs. Uma Agarwal (carrying on proprietorship business in the name of M/s Vishal Garments) we acquired the business of "M/s The Vishal Garments" and "M/s Vishal Garments" and the said businesses were transferred to our Company as a going concern with effect from December 15 2001.Acquisition of manufacturing unit from M/s Vishal Fashions Private LimitedVide a business purchase agreement executed between our Company and M/s Vishal Fashions Private Limited we acquired the business of manufacturing of readymade garments as a going concern with effect from March 31 2003. Our Company went into backward integration byacquiring a manufacturing unit for readymade garments.Acquisition of manufacturing unit from M/s Vishal ApparelsVide a business purchase agreement dated March 31 2003 executed between our Company and Mr. Ram Chandra Agarwal (HUF) (carrying on its business in proprietorship in the name of M/s Vishal Apparels) we acquired the manufacturing unit of "M/s Vishal Apparels" and the said manufacturing unit was transferred to our Company as a going concern with effect from March 31 2003.Major Events:A chronology of some key events in the history of the Company is set forth below:Year Milestone2001 * Incorporated as Vishal Retail Private Limited * Acquired the proprietorship firm Vishal Garments & The Vishal Garments * Opened first store outside Kolkata2002 * Opened first Store in Delhi2003 * Acquired Vishal Apparels a manufacturing unit. * Set up a manufacturing unit in Gurgaon2004 * Started our largest store of at Mathura Road New Delhi having an area of 80000 square feet * Nominated for the Images Retail Awards? 20042006 * Our Company was converted into a public limited company * Implementation of production and retail module of SAP * Broadband connectivity with each and every location * Increased our presence to an aggregate of 17 States