Vardhman Industries has received an approval to sell 75,000 equity shares of Rs 10 each being a part of equity shares held by the company in the capital of its subsidiary company namely - Vallabh Tinplate. The sale transaction has been affected on November 04, 2013 and with this sale the company Vallabh Tinplate is no more a subsidiary company of Vardhman Industries. The board of directors at its meeting held on November 04, 2013 has approved for the same.
Vardhman Industries is one of the leading manufacturers, wholesale suppliers and exporters of a wide range of galvanized tubes, galvanized coils, galvanized steel tubes, galvanized steel coils, precision steel tubes, galvanized steel pipes, steel square tube, galvanized sheets, corrugated steel tubes, cold rolled steel sheets etc.