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V-Guard industries makes further investment of Rs 20.40 crore in V-Guard Consumer Products

14 Sep 2021 Evaluate

V-Guard industries has made further investment to the extent of Rs 20.40 crore in wholly owned subsidiary -- V-Guard Consumer Products and has allotted 2,04,00,000 equity shares of Rs 10 each on September 13, 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 2403.25
Apar Industries 17786.85
Havells India 1065.05
Suzlon Energy 39.63
Siemens 3772.55
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