V-Guard Ind.Ltd. History

    BSE:532953  |  NSE:VGUARDEQ  |  IND:Electronics/Electricals  |  ISIN code:INE951I01027  |  SECT:Consumer Durables

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    The Company History page lists out the major events in chronological order for V-Guard Industries Ltd.

    Company History - V-Guard Industries Ltd.


    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.

    -V-Guard Industries Limited., India's leading electrical major has crossed gross turnover of Rs. 1000 crores.



    2013

    -V-Guard Industries approved grant of 11,20,000 stock options to eligible employees.

    -V-Guard Industries Ltd has won the Young Managers Contest 2013 conducted by Kerala Management Association.



    2014

    -V-Guard invests Rs. 18cr in solar heater unit.

    -V-Guard new plant started at Coimbatore.

    -V-Guard introduces stabilizers for Washing Machines.



    2015

    - Setting up of manufacturing unit for Voltage Stabilizers at Sikkim and inorganic growth plans

    - V-Guard Grabs 3 Silvers At The 57Th National Convention Of Indian Institution Of Industrial Engineering And 3Rd International Conference On Industrial Engineering (Icie 2015)



    2017

    - V-Guard Industries Limited has acquired 74% equity shares of GUTS Electro-Mech Ltd.



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