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V-Marc India Ltd. Company History and Annual Growth Details

The Company was originally incorporated as Asian Galaxy Private Limited at Haridwar, as a Private Limited
Company under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated March 04, 2014 issued by the Registrar of Companies, Uttarakhand bearing Corporate Identification Number
U31908UR2014PTC001066. Subsequently, our Company acquired business of partnership firm namely “M/s
Asian Wire & Cable Industries” pursuant to an acquisition deed dated March 10, 2014 to carry on the business of Manufacturing and Trading of PVC Insulated Wires and Cable etc. The said partnership firm was initially formed pursuant to partnership deed dated February 16, 2006 and was amended from time to time. The initial subscribers to the MOA were also the partners in the said partnership firm. Pursuant to a special resolution passed by the shareholders of our Company at the extra-ordinary general meeting held on January 12, 2021, the name of our Company was changed to “V-Marc India Private Limited” and a fresh Certificate of Incorporation pursuant to change of name dated February 03, 2021 has been issued by Registrar of Companies, Uttarakhand. Subsequently, our Company was converted into a Public Limited Company pursuant to shareholders resolution passed by the shareholders of the Company at the extra-ordinary general meeting of our Company held on February 02, 2021 consequent to which the name of our Company was changed to “V-Marc India Limited” vide a fresh Certificate of Incorporation dated February 04, 2021 issued by the Registrar of Companies, Uttarakhand. The Corporate Identification Number of our Company is U31908UR2014PLC001066.

KEY EVENTS AND MILESTONES IN THE HISTORY:

2014
Incorporation of the Company and Acquisition of partnership firm as “M/s Asian wires & Cables
Industries”.

2015
Crossed the Turnover of Rs.100.00 Crores for the first time;
Introduced high voltage cables upto 33 kv plant setup

2016
Established Depot in the State of Madhya Pradesh and Uttar Pradesh.

2019
Crossed the Turnover of Rs.200.00 Crores for the first time.

2020
Established two (2) additional Depots in Bihar & Odisha.
Acquisition of land for setting up of proposed manufacturing facility

2021
Company’s Conversion from Private Limited company into a Public Limited company.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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