Company History - V-Guard Industries
The 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 the firm 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 Events
Prior 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), Cochin
1999
Launched Digital Stabilizers Cable Manufacturing unit was inaugurated at Coimbatore
2000
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 Heaters
2006
Issued bonus shares to our members in the ratio of Six Equity Shares for every one Equity Share held
2006
Launched V-Guard Fans
2007
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
2008
- V Guard Industries has announced a dividend of 25 per cent.
- V-Guard Industries IPO was subscribed 2.62 times on the last day of the issue.
2009
- Mr. N Sreekumar, as the Joint Managing Director of the Company. The Company has also appointed Mr. A K Nair as an Independent director of the Company.
2010
- Dr. George Sleeba, as the Joint Managing Director of the Company.
-Registered Office of the Company has been shifted From 44/1037, Little Flower Church Road, Kaloor, Kochi - 682017 To 33/2905 F, Vennala High School Road, Vennala, Kochi - 682028.
2012
- Mr. Ramachandran Venkataraman has joined the Company as Director - Marketing & Strategy.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
No comments:
Post a Comment