V-Guard Industries Limited — Board Meeting, 29-07-2025: Outcome of Board Meeting
29-07-2025 | 01:52 pm
29-07-2025 | 01:52 pm
V-Guard Industries has announced key decisions from its board meeting. The company approved its consolidated financial results for the quarter ended June 30, 2025, reporting revenue of ₹1,466.08 Cr and profit of ₹73.85 Cr (EPS ₹1.69). Strategically, V-Guard received in-principle approval to merge Sunflame Enterprises, its wholly-owned subsidiary, which had FY24 turnover of ₹254.39 Cr and PAT of ₹3.29 Cr, aiming for synergies. The board also approved entering the Lighting Business to diversify and complement existing product lines. Additionally, 4,500 equity shares were allotted under the ESOS 2013 scheme.
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