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V-Guard industries gets nod to incorporate WOS company

03 Jul 2021 Evaluate

V-Guard industries has received approval from Board of Directors for incorporation of wholly owned subsidiary (WOS). The proposed WOS shall be engaged in establishment and carrying on the business of manufacturing, selling and dealing in otherwise of various consumer electrical, electronics, electromechanical products and home and kitchen appliances of all kinds both electrical and non-electrical and such other allied products.

The Board of Directors at their meeting held on July 02, 2021 has approved the same.

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

Peers
Company Name CMP
Waaree Energies 2425.75
Apar Industries 14289.00
Havells India 1150.00
Suzlon Energy 38.53
Siemens 3617.85
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