MoneyWorks4Me

V-Guard industries makes further investment of Rs 5 crore in V-Guard Consumer Products

07 Sep 2021 Evaluate

V-Guard industries has made further investment to the extent of Rs 5 crore in wholly owned subsidiary -- V-Guard Consumer Products and has been allotted 50,00,000 equity shares on 10 each on September 6, 2021. The WOS is 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.

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 2513.10
Apar Industries 15733.90
Havells India 1098.35
Suzlon Energy 40.34
Siemens 3611.05
View more..