V-Guard Industries Limited — Others, 28-01-2025: ESOP/ESOS/ESPS

V-Guard Industries Ltd. has announced a board meeting outcome, approving its financial results for the quarter and nine months ended December 31, 2024. The company reported a consolidated revenue of ₹1,274.08 crore, with a profit before tax of ₹78.74 crore. It also allocated 47,451 equity shares under its Employee Stock Option Scheme.

Chairman Emeritus Mr. Kochouseph Chittilappilly will step down upon reaching 75 years, continuing until March 31, 2025. The board approved capacity addition in its Hyderabad fan manufacturing facility, investing approximately ₹100 crore to meet anticipated demand for ceiling fans. This expansion reflects a positive outlook for future growth, though leadership transition may pose short-term uncertainties.