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V-Guard Industries
BSE: 532953|NSE: VGUARD|ISIN: INE951I01019|SECTOR: Miscellaneous
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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              
 Companys                 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.
Source : Dion Global Solutions Limited
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