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V-Guard Industries Ltd. Company History and Annual Growth Details

The foundation of our business was laid with the formation of a Partnership
Concern viz. Priemere Electronics by our Promoter in the year 1977 which
was engaged in the business of manufacturing and marketing voltage
stabilizers under the brand name "V-Guard". In the year 1992, Premier
Electronics, the partnership concern was dissolved and Mr. Kochouseph
Chittilappilly continued the business as a properietory concern.

Also, in the year, 1985, Mr. Kochouseph Chittilappilly started another
proprietorship concern by the name of M/s Prompt India for marketing of the
products under the brand name of V-Guard. Subsequently, M/s Prompt
India changed its name to M/s V-Guard Industries.

On February 12, 1996, our Company was incorporated under the name of
"V-Guard Industries Limited" under the Companies Act, 1956, with the
Registration No. 09-10010 of 1996 having its registered office at 44/1037,
Little Flower Church Road, Kaloor, Cochin- 682017, Kerala, India.

With effect from 1st April, 1996, our company took over the business of the
properitory concern i.e. M/s V-Guard Industries, on going concern basis for
a lump sum consideration of Rs.234 lakhs and carried on the business of the
firm namely manufacturing and marketing of electronic and electro mechanical
appliances.

With effect from Novermber 15, 2001 our Company was converted into a
private limited company and again got converted into a public limited company
on August 1, 2007 and received a fresh certificate of incorporation in the name
of "V-Guard Industries Limited". Our Corporate Identity Number is
U31200KL1996PLC010010.

Our company now has diversified into a multi-product company which now
manufactures and markets Electronic Voltage Stabilizers, Monobloc, Jet,
Submersible, Compressor Pumps and Electric Motors, Insulated Electrical
Cables (House Wiring, Industrial), Electric Storage & Instant Water Heaters,
Solar Water Heaters, UPS, Electric Fans and is also in generation of
Power in a small way.

MAJOR EVENTS IN OUR HISTORY ARE GIVEN BELOW:

Year Key Events

Prior to our Our Promoter Mr. Kochouseph Chittilappilly was carrying out
Company’s the business of manufacturing and selling of Electronic Voltage
Incorporation Stabilizers and Pumps under the brand name "V-Guard"


1996 V-Guard Industries was incorporated as a Public Limited company
which took over the 19 year old Proprietorship business of our
promoter Mr. Kochouseph Chittilappilly.Launced Electric Water
Heaters.

1998 Launched Ups (Online & Offline)
Received Industry Excellence Award for Medium Scale Industries
by the Institution of Engineering (India), Cochin

1999 Launched Digital Stabilizers
Cable Manufacturing unit was inaugurated at Coimbatore

2000 ISO Certification received for Manufacturing of PVC Insulated Cables.
ISO Certification received for Designing and Manufacturing of Solar
Water Heaters.

2001 Launched Compressor Pumps
Our Company was converted into a private limited company.

2002 Launched Solar Water Heaters

2006 Issued bonus shares to our members in the ratio of Six Equity
Shares for every one Equity Share held

2006 Launched V-Guard Fans

2007 ISO Certification was awarded to R&D Division.
Stabilizers Turnover Crossed 1 million mark in numbers.
Our Company was converted into a public limited company.
Received Excellence in Productivity Award for Medium Scale
Industries by Kerala Productivity Council


2008

- V Guard Industries has announced a dividend of 25 per cent.

- V-Guard Industries IPO was subscribed 2.62 times on the last day of the issue.


2009

- Mr. N Sreekumar, as the Joint Managing Director of the Company. The Company has also appointed Mr. A K Nair as an Independent director of the Company.


2010

- Dr. George Sleeba, as the Joint Managing Director of the Company.

-Registered Office of the Company has been shifted From 44/1037, Little Flower Church Road, Kaloor, Kochi - 682017 To 33/2905 F, Vennala High School Road, Vennala, Kochi - 682028.

2012
- Mr. Ramachandran Venkataraman has joined the Company as Director - Marketing & Strategy.
-V-Guard Industries Limited., India's leading electrical major has crossed gross turnover of Rs. 1000 crores.

2013
-V-Guard Industries approved grant of 11,20,000 stock options to eligible employees.
-V-Guard Industries Ltd has won the Young Managers Contest 2013 conducted by Kerala Management Association.

2014
-V-Guard invests Rs. 18cr in solar heater unit.
-V-Guard new plant started at Coimbatore.
-V-Guard introduces stabilizers for Washing Machines.

2015
- Setting up of manufacturing unit for Voltage Stabilizers at Sikkim and inorganic growth plans
- V-Guard Grabs 3 Silvers At The 57Th National Convention Of Indian Institution Of Industrial Engineering And 3Rd International Conference On Industrial Engineering (Icie 2015)

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