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V-Guard Industries hikes stake in GUTS Electro-Mech to 74%

31 Aug 2017 Evaluate

Consumer electrical and electronics manufacturer, V-Guard Industries has acquired 782,176 equity shares of Rs 10 each of GUTS Electro-Mech, Hyderabad, through Share Purchase and Subscription Agreement dated August 31, 2017. 

The total shareholding of the company in GUTS Electro-Mech, including the acquisition of shares made vide Share Purchase Agreement dated August 21, 2017, is 1,454,223 equity shares of Rs 10 each and the same constitutes 74% of the paid-up share capital.

V-Guard industries manufactures a range of products namely voltage stabilizers, pumps, electric water heaters, solar water heaters, cables, UPS, ceiling fans, etc.

V-Guard Inds. Share Price

332.45 -6.55 (-1.93%)
06-May-2026 16:59 View Price Chart
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