Consumer electrical and electronics manufacturer, V-Guard Industries has acquired 6,72,047 equity shares of Rs 10 each of GUTS Electro-Mech, Hyderabad, constituting 49.43% of the present paid-up capital, through Share Purchase Agreement dated August 21, 2017.
V-Guard industries manufactures a range of products namely voltage stabilizers, pumps, electric water heaters, solar water heaters, cables, UPS, ceiling fans, etc.