VETO SWITCHGEAR CABLE Share price

Our Company was originally incorporated as a partnership firm on June 26 2003 under the name and style "Veto Industries". On April 1 2007 the name of the firm was changed to "Veto Switchgears and Cables". Subsequently on June 20 2007 the partnership firm was converted in to the private limited company under the name and style "Veto Switchgears and Cables Private Limited" under part IX of the Companies Act 1956. The name of our Company was further changed to the present name pursuant to which a fresh certificate of incorporation dated August 3 2012 was issued by Registrar of Companies Maharashtra Mumbai. We are part of Jaipur Rajasthan based Gurnani Group which has interests in wires & cables electrical accessories real estate and hotels. Our Company is promoted by M/s Veto Electropowers (India) Private Limited which is a subsidiary of Gurnani Holding Private Limited which in turn is owned by Mr. Vishnu Kumar Gurnani Mr. Mohan Das Gurnani and Mr. Narayan Das Gurnani. We are an ISO 9001:2008 certified company engaged in the manufacture and sale of wires & cables and electrical accessories in India. Our product portfolio ranges from industrial cables stand cables to telephone & co-axial wires from general switches to modular switches from ceiling fans to rechargeable fans compact fluorescent lamps and other electrical accessories. Our products are manufactured at our state-of-art manufacturing unit located in Hardwar Uttarakhand. Major events in the history of our Company Year - Major EventJune 2003 - Incorporated as a partnership firm in the name of M/s Veto Industries under the provisions of the Partnership Act 1932 with Mr. Kishore Kumar Gurnani and Mr. Narayan Das Gurnani acting as Partners.May 2007 - Commencement of production in Hardwar Uttarakhand.June 2007 - The existing partnership firm was converted into a Company as " Veto Switchgears and Cables Private Limited" under Part IX of the Companies Act 1956.Sept 2007 - Obtained its first ISO 9001:2000 certification.March 2009 - Attained a dealer network of over 1000 dealers. July 2010 - Upgraded to ISO 9001:2008 from ISO 9001:2000 certification.January 2011 - Launched range of new products in electrical accessories viz. CFL Fans etc.March 2011 - Attained a turnover of over `5000 Lacs for the first time.March 2011 - Paid-up capital crossed `500 Lacs.Dec 2011 - Awarded the performance and credit rating certificate from NSIC-CRISIL.August 2012 - Converted from "Private Limited Company" to "Public Limited Company"