Company CVAbout Veto Switchgears & Cables Ltd 
Veto Switchgears & Cables Ltd
Micro Cap
Cable
Veto Switchgears and Cables Limited was originally incorporated as a Partnership Firm on June 26, 2003 under the name and style "Veto Industries". On April 1, 2007 the name of the Firm was changed to "Veto Switchgears and Cables". Subsequently, on June 20, 2007, the Partnership Firm was converted in to the Private Limited Company under the name and style "Veto Switchgears and Cables Private Limited".
Company Coordinates
Company Details
506 5 Flr Plot B-9 New Link Rd, Landmark Building Andheri (W) Mumbai Maharashtra : 400058
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai
Capital StructureCapital Structure
Present Equity Capital
INR 19.11 Cr
Number of Shares
1.91 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
23-May-2018
1.91
19.11
787855
10
ESOP
06-Sep-2013
1.83
18.33
1666100
10
Bonus
06-Sep-2013
1.83
18.33
1666100
10
Bonus
13-Dec-2012
1.67
16.66
5001000
10
Public Issues
13-Dec-2012
1.67
16.66
5001000
10
Public Issues
14-May-2012
1.17
11.66
5830000
10
Bonus
14-May-2012
1.17
11.66
5830000
10
Bonus
29-Mar-2012
58.3
5.83
497667
10
Allotment of Equity To Others
29-Mar-2012
58.3
5.83
497667
10
Allotment of Equity To Others
31-Mar-2011
53.32
5.33
333333
10
Allotment of Equity To Others
ShareholdingShareholding Snapshot
Shareholding Compare (%holding)
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 4 FIIs (0.42%)
Promoter with highest holding
Veto Electropowers (india) Private Limited (32.28%)
Highest Public shareholder
None
Individual Investors Holdings
46.37%
Board of Directors
Management
Designation
Remuneration
Akshay Kumar Gurnani
Managing Director & CEO
24.0 lacs
Govind Ram Thawani
Independent Director
50.0 k
Narain Das Gurnani
Whole Time Director & CFO
12.0 lacs
Jyoti Gurnani
Director
6.0 lacs
Kanwarjeet Singh
Independent Director
30.0 k
Hari Krishan Motwani
Independent Director
50.0 k
Varsha Ranee Choudhary
Company Sec. & Compli. Officer
3.24 lacs
Sanjeev Kumar Dass
Independent Director
0
Raw MaterialsRaw Materials Dashboard
Raw Materials
Amount(Rs Cr)
% of RM Cost
Purchases
40.22919
0%
Purchases
Finished Goods Finished Goods Dashboard
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Wire and Cables
56.15
45.36%
Accessories & Others
35.12
28.37%
Lighting & Fittings
32.52
26.27%
Wire and Cables
Wire and Cables
Accessories & Others
Accessories & Others
Lighting & Fittings
Lighting & Fittings
Stock DNARevenue and Profits:
Net Sales:
76 Cr
(Quarterly Results - Dec 2024)
Net Profit:
4 Cr
Cable
INR 206 Cr (Micro Cap)
12.00
42
0.94%
0.04
6.87%
0.79
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