Veto Switchgears And Cables Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 19.11 Cr
- Company Age 17 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 55.23 Cr
- Satisfied Charges ₹ 59.22 Cr
- Revenue Growth -100.00%
- Profit Growth -100.00%
- Ebitda -100.00%
- Net Worth -100.00%
- Total Assets -100.00%
About Veto Switchgears And Cables
Veto Switchgears And Cables Limited (VSACL) is a Public Limited Indian Non-Government Company incorporated in India on 20 June 2007 and has a history of 17 years and eight months. Its registered office is in Thane, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539331 and on the National Stock Exchange(NSE) under VETO.
The Corporate was formerly known as Veto Switchgears And Cables Private Limited. The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 19.11 Cr.
The company currently has active open charges totaling ₹55.23 Cr. The company has closed loans amounting to ₹59.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Veto Switchgears And Cables Limited India are Narain Gurnani as Cfo, Akshay Gurnani as Ceo, and Kritika Todwal as Company Secretary. Narain Gurnani, Akshay Gurnani, Jyoti Gurnani, and Three other members serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Veto Switchgears And Cables Limited offer?
Veto Switchgears And Cables Limited offers a wide range of products and services, including Computer PCI Cards, Cables & Modules, Power Cords, Decorative Light, Lamp & Lamp Shades, Rope Light, Ceiling Fans, Decorative Ceiling Fan, House Wire, Multi Strand Wire, Electric Fans, Air Fan.
Who are the key members and board of directors at Veto Switchgears And Cables?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Akshay Gurnani  | Managing Director | 27-Aug-2014 | Current |
| Narain Gurnani | CFO | 29-Sep-2017 | Current |
| Kritika Todwal | Company Secretary | 10-Feb-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Narain Gurnani | Whole-Time Director and Cfo | 24-May-2016 | Current |
| Jyoti Gurnani | Director | 27-Aug-2014 | Current |
| Kanwar Singh | Director | 06-May-2017 | Current |
| Hari Motwani | Director | 28-Sep-2019 | Current |
| Sanjeev Dass | Director | 01-Sep-2022 | Current |
Financial Performance of Veto Switchgears And Cables.
Veto Switchgears And Cables Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 100% decrease in profit. The company's net worth observed a substantial decline by a decrease of 100%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Veto Switchgears And Cables?
In 2023, Veto Switchgears And Cables had a promoter holding of 50.08% and a public holding of 49.92%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Veto Led Lightings Private LimitedNarain Gurnani and Akshay Gurnani are mutual person
- Veto Electricals Private Limited
Akshay Gurnani is a mutual person
- Vankon Switchgears And Cables Private Limited
Akshay Gurnani is a mutual person
Vankon Modular Private LimitedAkshay Gurnani is a mutual person
Veto Electropowers (India) Private LimitedNarain Gurnani and Akshay Gurnani are mutual person
- Esma Constructions Private Limited
Narain Gurnani is a mutual person
Charges (Loans)
₹55.23 Cr
₹59.22 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 55.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2024 | Hdfc Bank Limited | ₹2.90 M | Open |
| 02 Jan 2024 | Hdfc Bank Limited | ₹2.68 M | Open |
| 19 Dec 2023 | Hdfc Bank Limited | ₹2.41 M | Open |
| 01 Nov 2023 | Hdfc Bank Limited | ₹1.97 Cr | Open |
| 27 Oct 2023 | Hdfc Bank Limited | ₹1.02 M | Open |
How Many Employees Work at Veto Switchgears And Cables?
Veto Switchgears And Cables has a workforce of 256 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Veto Switchgears And Cables, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Veto Switchgears And Cables's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
