VST Industries

VST Industries Ltd
Type Public (BSE509966, NSEVSTIND, ISIN: INE710A01016)
Industry Conglomerate
Founded 10 November 1930 (as Vazir Sultan Tobacco Company Limited)
Headquarters Azamabad, Hyderabad, Andhra Pradesh, India.[1]
Key people Abhijit Bas, Chairman
Raymond S. Noronh, Managing Director
N. Sai Sankar, Deputy Managing Director and Secretary[2]
Products Tobacco
Revenue US$117 million [3]
Employees 1,117 [4]
Website [1]

VST Industries Ltd. ( BSE509966, NSEVSTIND, ISIN: INE710A01016 ) [5] is a public conglomerate company headquartered in Hyderabad, India. The company manufactures and distributes cigarettes. Its Market Capitalization is 844.49, PE Value: 15.70 and Dividend: 5.49.[6] The company has its registered office in Hyderabad. It started off as the formerly Vazir Sultan Tobacco Company, commonly known as VST and shares collobration with British American Tobacco group of the United Kingdom,[7][8] It is fully independent and registered as VST Industries Ltd in the year 1983[9][10]

History

During the rule of Mir Osman Ali Khan in Hyderabad State the Vazir Sultan Tobacco Company Limited was incorporated on 10 November 1930, under the Hyderabad Companies Act No.IV of 1320 Fasli and now governed under the Indian Companies Act 1956. The name of the Company was subsequently changed to VST Industries Limited on 30 April 1983. The VST has its registered office at Azamabad, Hyderabad, India.[11][12]

Brands

Vazir Sultan Tobacco Company is more commonly known as VST. The company manufactures and distributes cigarettes under the brands names of Charms, Charminar, Gold Etc. The company is headquartered in Hyderabad, India. It is 3rd largest cigarette manufacturing company in India.[13][14]

References