V-GUARD IND Share price

OUR HISTORY AND CORPORATE STRUCTUREABOUT USThe foundation of our business was laid with the formation of a Partnership Concern viz. Priemere Electronics by our Promoter in the year 1977 which was engaged in the business of manufacturing and marketing voltage stabilizers under the brand name "V-Guard". In the year 1992 Premier Electronics the partnership concern was dissolved and Mr. Kochouseph Chittilappilly continued the business as a properietory concern.Also in the year 1985 Mr. Kochouseph Chittilappilly started another proprietorship concern by the name of M/s Prompt India for marketing of the products under the brand name of V-Guard. Subsequently M/s Prompt India changed its name to M/s V-Guard Industries.On February 12 1996 our Company was incorporated under the name of "V-Guard Industries Limited" under the Companies Act 1956 with the Registration No. 09-10010 of 1996 having its registered office at 44/1037 Little Flower Church Road Kaloor Cochin- 682017 Kerala India.With effect from 1st April 1996 our company took over the business of the properitory concern i.e. M/s V-Guard Industries on going concern basis for a lump sum consideration of Rs.234 lakhs and carried on the business of thefirm namely manufacturing and marketing of electronic and electro mechanical appliances.With effect from Novermber 15 2001 our Company was converted into a private limited company and again got converted into a public limited company on August 1 2007 and received a fresh certificate of incorporation in the name of "V-Guard Industries Limited". Our Corporate Identity Number is U31200KL1996PLC010010. Our company now has diversified into a multi-product company which now manufactures and markets Electronic Voltage Stabilizers Monobloc Jet Submersible Compressor Pumps and Electric Motors Insulated Electrical Cables (House Wiring Industrial) Electric Storage & Instant Water Heaters Solar Water Heaters UPS Electric Fans and is also in generation of Power in a small way.MAJOR EVENTS IN OUR HISTORY ARE GIVEN BELOW:Year Key EventsPrior to our Our Promoter Mr. Kochouseph Chittilappilly was carrying out Company?s the business of manufacturing and selling of Electronic Voltage Incorporation Stabilizers and Pumps under the brand name "V-Guard"1996 V-Guard Industries was incorporated as a Public Limited company which took over the 19 year old Proprietorship business of our promoter Mr. Kochouseph Chittilappilly.Launced Electric Water Heaters.1998 Launched Ups (Online & Offline) Received Industry Excellence Award for Medium Scale Industries by the Institution of Engineering (India) Cochin1999 Launched Digital Stabilizers Cable Manufacturing unit was inaugurated at Coimbatore2000 ISO Certification received for Manufacturing of PVC Insulated Cables. ISO Certification received for Designing and Manufacturing of Solar Water Heaters.2001 Launched Compressor Pumps Our Company was converted into a private limited company.2002 Launched Solar Water Heaters2006 Issued bonus shares to our members in the ratio of Six Equity Shares for every one Equity Share held2006 Launched V-Guard Fans2007 ISO Certification was awarded to R&D Division. Stabilizers Turnover Crossed 1 million mark in numbers. Our Company was converted into a public limited company. Received Excellence in Productivity Award for Medium Scale Industries by Kerala Productivity Council