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Value Industries Ltd
Paramount House
C-125,Phase-I, Naraina Industrial Area
Phone: +91 2431252501p:+91 2431252501 AURANGABAD, 431105  India Ticker: VALUEINDVALUEIND

On 5/7/2018, it was announced that a consortium of lenders led by State Bank of India had filed an Insolvency Petition against Value Industries Ltd with the National Company Law Tribunal.
On 6/6/2018, the Mumbai Bench of the National Company Law Tribunal admitted Insolvency proceedings for Videocon Industries Ltd. filed by State Bank of India pursuant to the Insolvency and Bankruptcy Code. Anuj Jain of KPMG was appointed as the Interim Resolution Professional for the Company.
On 8/8/2019, the National Company Law Tribunal appointed Mahendra Khandelwal as Resolution Professional of Videocon Industries Ltd. to consolidate the Corporate Insolvency Resolution Process of 13 Videocon group entities. The 13 entities are - Videocon Industries Ltd., Millennium Appliances India Ltd, PE Electronics Ltd., Sky Appliances Ltd, Techno Electronics Ltd., Evans Fraser & Co (India) Ltd., Electroworld Digital Solutions Ltd., Value Industries Ltd., Applicomp (India) Ltd., Techno Kart India Ltd., Century Appliances Ltd., and CE India Ltd.
Two of Videocon Industries' entitities were no consoldiated with the others- KAIL Ltd. and Trend Electronics Ltd.
This is a Subsidiary, click here for the Parent Company

Business Summary
Value Industries Limited is engaged in manufacturing, wholesaling and retail trading of consumer electronics and home appliances items. The Company operates through the Consumer Electronics and Components segment. The Company is primarily engaged in manufacturing and trading of various products, such as Washing Machines, Refrigerators, Air Conditioners (ACs) and other home appliances. The Company focuses on introducing Front Loading, Top loading Fully Automatic and Semi-Automatic washing machines. The Company offers various series of washing machines, such as Digi Pearl series, ranging from 6.2 kilogram to 7.0 kilogram; Digi Gracia series, ranging from 5.5 kilogram to 6.5 kilogram, and Gracia, Quanta and Niwa series semi-automatic washing machines. The Company offers a range of High Efficiency Platinum Series direct current (DC) refrigerators having capacities of 190 liters, 215 liters and 245 liters. The Company offers the Aryabot AC, which is operated through mobile phone.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
3/31/20193/31/2019Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Compliance Officer, Company Secretary MayankBhargava 7/18/2019 7/18/2019
Additional Director Deepak A.Pednekar 55 1/25/2018 1/25/2018
Additional Independent Director BhujangKakade 5/30/2016 5/30/2016
Non-Executive Independent Director Avinash H.Malpani 42 9/30/1996 9/30/1996
Non-Executive Independent Director Naveen K.Mandhana 59 3/8/1988 3/8/1988

Business Names
Business Name
500945
Value Industries Ltd
Value Industries Ltd(NDA)
VALUEIND

General Information
Number of Employees: 750 (As of 12/31/2013)
Outstanding Shares: 39,185,675 (As of 3/31/2019)
Shareholders: 70,119
Stock Exchange: NSE
Fax Number: +91 2431251551


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Saturday, September 19, 2020