1930 - The company was incorporated at Hyderabad. The Company
manufactures and distributes cigarettes. The products
under the trade names `Charminar Specials',
`Qila', `High Court', `Vazir' and `Ambassador'.
1951 - 1,25,000 bonus shares issued in the prop. 1:3.
1952 - 5,00,000 bonus shares issued in the prop. 1:1.
1954 - Capital converted from O.S. currency to I.G. Currency
(difference of Rs 1.67 per share capitalised from
1956 - 30,000 pref. shares issued for cash.
1966 - 1,00,000 bonus equity shares issued in the prop. 1:1.
1973 - 29,543 Pref. shares were redeemed at the close of business on
1975 - In April, 17,70,000 shares issued to Indian nationals (prem.
6 per share): 1,71,940 shares as rights, 50,000 shares
employee and directors and 15,48,060 shares to the
1977 - 22,62,000 bonus shares issued in the prop. 3:5.
1979 - Hallmark Tobacco Company, Ltd., was promoted and converted
a subsidiary of the Company. This subsidiary has
and selling agreements with the Company.
1981 - Hallmark Investments, Ltd., Tobacco Leaf Investments Ltd.,
Investments, Ltd., VST Investments Ltd., VST
Storages & Leasing Co., Ltd., and Tobacco
Investments, Ltd., became wholly owned subsidiaries of
company. Hallmark Tobacco Company Ltd. is also a
1983 - With the extension of the Central Excise's & Salt Act, 1994
the State of Sikkim the collaboration arrangements came
1984 - With effect from 10th August, the name of the Company was
from The Vazir Sultan Tobacco Co., Ltd. to VST Industries
1987 - With the introduction of a lower excise duty slab for
upon 60mm length in the non-filter segment, the Company
`Vijay Virginia' and `Vijay Gold Flake' to take full
the lower tax.
1988 - The Company embarked upon a major modernisation programme
designed to improve its competitive ability in domestic
1989 - The Company received an import licence for two sophisticated
high-speed precision Logo Max cigarette making groups
manufactured in France.
- The Company undertook to upgrade its existing
into a well equipped R&D Centre.
- The Company issued 3,25,000-14% secured redeemable
non-convertible debentures of Rs 100 each on private
UTI, LIC and Army Group Insurance Fund. These
redeemable at premium of 5% in 5 equal annual
the 6th September, 1994.
- 36,19,200 bonus shares issued in the prop. 3:5.
1990 - The Company launched Kingston Mini Kings Cigarettes in the
United Arab Emirates. To increase its exports further,
Company developed fire cured, light soil Burley and
non-traditional varieties of tobacco.
1991 - A new brand by name Kingston Dual Filter was launched into
premium king-size cigarette segment, at Hyderabad, Mumbai
Pune and it was well received.
- Loga machines was installed. Loga machine No. 1 was
- 57,90,720 bonus shares issued in the prop. 3:5.
1994 - During the year, the Company successfully marketed `Vijay
and `Charminar Standard' non-filter cigarettes. The
launched the modern Sasib 20's pack of cigarettes.
- During the year, `VST Natural Products Ltd.' a new
incorporated in order to continue field trials for
value horticultural corporation.
1995 - The programmable logic control on makers and packers were
- The Company agreed to collaborate with Rayong Industries
Ltd., Sikkim, for the manufacture of cigarettes in
Company supplied the necessary technical expertise for
a cigarette making factory at Rangpo, Sikkim.
1997 - The Company launched a extremenly distinctive and high
cagarette called Charms blues line both in the premium
size segment and also in the regular size filter
- The company has launched a voluntary retirement scheme
reduce at least 10 per cent of its manpower.
- VST is getting all the help from its parent company BAT
Industries which is helping in its restructuring through its
own tested methods. The objective is to make VST most cost
effective and efficient organisation in the industry.
- BAT holds 31.6 per cent equity in VST while 24.51 per cent
stake is held by institutions such as LIC and GIC. The
holds the largest share in the company to the tune of 34.76
per cent while the rest is with other corporate bodies
- It has been decided to relaunch the Charminar brand which has
been one of the most popular low-priced cigarettes in the
market. Smokers often found Charminar cigarette product
very dry and unsuitable to the palate, especially in areas
where humidity was low.
- FIs hold 32.47 per cent of the company's equity, the foreign
investors, BAT, hold a 33.27 per cent stake and the remaining
4.71 per cent is held by the domestic corporates.
- VST has an installed capacity to manufacture 33,007 million
sticks of cigarettes per annum.
- VST runs neck to neck with Godfrey Phillips for the second
accounting for approximately 15.5% of the domestic cigarette.
- VST has popular brands like Charminar and Charminar Standard
its mini and micro segments. In the filter segment, the
company has brands like Charms, Charminar Special Filter and
- VST had set up the 100 per cent export-oriented unit (EOU)
in technical collaboration with High Value Horticulture PLC
the United Kingdom and Asia Ventures International of Israel
with a pickling line to handle production of bottled, canned
pickled vegetables and an oleoresin plant.
- VST Natural Products, in the meantime, has entered into a
strategic technology and marketing tie-up with Green Bay
a division of the .8 billion United States-based food and
pickle giant Dena Speciality Products Incorporated.
- Having set up the modern VSTNPL, the company is entered into
techno-marketing agreements with global players in the field.
1998 - VST Ltd has shut down the primary manufacturing division
at its Azamabad factory following official flat regarding
environment pollution. The Hyderabad district administration
VST Ltd to shut down its Azamabad cigarette factory as it
is causing intense air pollution in the state capital.
- VST commissioned its first primary manufacturing facility for
tobacco processing in 1990. It has since, continuously
modernised and upgraded its primary & secondary tobacco
processing and cigarette manufacturing facilities to meet
- VST has installed the best pollution control equipment in
the factory premises.
1999 - Additionally the company had launched `Blues Kings' a premium
variant of its `Charms' brand in November 1997. The new
product however did not live up to the expectations of the
- The company has appointed Rabo India Finance, a part of
Rabo-bank International, to find a strategic partner for VST
Natural Products, which is engaged in agri-product processing
2000 - In a move to improve the profitability and reduce labour
tobacco major VST Industries Ltd. has introduced a
retirement scheme for its 1,600 strong work force.
- Fitch Ratings India has assigned a Ind D1+ rating to the
commercial paper programme of the company.
2001 - British tobacco giant BAT Plc to increase shareholding in
-Recovers the losses its had witnessed on the food and financial
-Andhra Pradesh Government calls upon British based BAT, ITC along
with the stock broker Damani- controlled Bright Star Investments to
divest its holdings in the company.
-AP calls for bids for disinvestment of the company.
-Russell Credit Ltd acquires 723499 shares which is 4.69% of VST
-Bright Star Investments Ltd acquires 3,10,442 shares amounting to
2.01% of the company.
-Delisted from Madras Stock Exchanges
-Vst Industries Ltd. has informed that the equity shares of the
Company have been delisted from The Stock Exchange - Ahmedabad
effective January 21, 2004.
-Delists shares from Delhi Stock Exchange
-The Comapny has recommend dividend @ Rs 12.50 for the year.
-The Comapny has recommended a Dividend of 200% on the Ordinary Share
-The Company has recommend dividend @ Rs 20/- for the year.
- Mr. R. V. K. M. Suryarau, the existing Independent Non-Executive
Director has been appointed as the Chairman of the Company.
-The Company has recommend dividend for the year 2009-10 - Rs. 30/-.
-The Company has recommend dividend for the year 2010-11 - Rs. 45.
-The Company has recommended dividend for the year 2011-12 - Rs.
-Mr. N. Sai Sankar has been appointed as Managing Director of the