V-Guard Industries has made further investment to the extent of Rs 31.39 crore in V-Guard Consumer Products (VCPL), the Wholly Owned Subsidiary (WOS) incorporated on July 19, 2021 and has allotted 3,13,93,697 equity shares of Rs. 10 each. The total amount of investment made till date of this disclosure is Rs 121.08 crore.
The WOS is engaged in carrying on the business of manufacturing, selling and dealing in otherwise of various consumer electrical, electronics, electro-mechanical products and home and kitchen appliances of all kinds both electrical and nonelectrical 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.
