V-Guard makes further Rs20.40cr investment in subsidiary V-Guard Consumer Products; Stock up 1%

The company has been allotted 2.04cr equity shares of Rs10 each on September 13, 2021.

Sep 14, 2021 09:09 IST India Infoline News Service

V-Guard Industries Limited has made a further investment to the extent of Rs20.40cr in V-Guard Consumer Products Limited (VCPL), the Wholly-Owned Subsidiary incorporated on July 19, 2021, and has been allotted 2.04cr equity shares of Rs10 each on September 13, 2021.

V-Guard Consumer Products is engaged in the establishment and carrying on the business of manufacturing, selling, and dealing in other 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.

At around 9.44 AM, V-Guard Industries Ltd was trading at Rs263.15 per piece up by Rs2.45 or 0.94% from its previous closing of Rs260.70 per piece on the BSE.

Related Story

Open Free Demat Account (Rs699)