VST Industries
 | |
| Company type | Public |
|---|---|
| ISIN | INE710A01016[1] |
| Industry | Conglomerate |
| Founded | 10 November 1930 (as Vazir Sultan Tobacco Company Limited) |
| Founder | Vazir Sultan |
| Headquarters | Azamabad, Hyderabad, Telangana, India.[2] |
Key people | Naresh Kumar Sethi - Non Executive Dir - Chairman
Rama Bijapurkar - Independent Non Executive Dir Sudip Bandyopadhyay - Independent Non Executive Dir Rajiv Gulati - Independent Non Executive Dir S. Thirumalai - Non-Executive Dir Aditya Deb Gooptu - Managing Director |
| Products | Tobacco |
| Revenue |  US$117 million [3] |
Number of employees | 784 |
| Website | https://vsthyd.com |
VST Industries Ltd is an Indian publicly-listed company which manufactures and distributes cigarettes.[4] The company is headquartered in Hyderabad.
VST Industries started off as the Vazir Sultan Tobacco Company, and became an affiliate undertaking of British American Tobacco group of the United Kingdom,[5][6] It became fully independent and registered as VST Industries Ltd in 1983.[7][8] British American Tobacco, through its subsidiaries, owns a 32.16% stake in the company.
History and founder
[edit]Vazir Sultan Tobacco was started by the late Mr. Vazir Sultan in 1916, present Vithalwadi, Hyderabad. VST went public in 1930. He died on 12 June 1923.
He was survived by 7 sons and 3 daughters. Eldest son Mr. Mohammad Sultan was the 1st chairman of VST Industries.
Brands
[edit]The company also operates under the names of Total, Charms, Charminar, Editions, Special, and Moments. Its headquarters are located in Hyderabad, India. It is the second largest cigarette manufacturing company in India.[9][10] The company declared a dividend of 450% in 2011 making it one of the highest dividend yielding stocks in the Bombay Stock Exchange. The seventh and last Nizam of Hyderabad, Osman Ali Khan, Asaf Jah VII, used to smoke Charminar cigarettes, which were specially rolled for him in roasted tobacco.[11]
VST contributes to the society, supporting the setting up of a city police hospital in Amberpet in 2021.[12] [13] [14]
References
[edit]- ^ "VST Industries > Company History > Cigarettes > Company History of VST Industries - BSE: 509966, NSE: VSTIND". www.moneycontrol.com.
- ^ "The Vazir Sultan Tobacco Company Limited (Ijb63a99)". Archived from the original on 28 July 2014. Retrieved 28 May 2011.
- ^ "Financial results" (PDF). www.vsthyd.com. 2011. Retrieved 20 April 2021.
- ^ "Business News, Market Updates, Economy, Finance, Stock, BSE, NSE, Nifty – NDTV Profit". www.ndtv.com. Retrieved 9 January 2020.
- ^ "Answers - The Most Trusted Place for Answering Life's Questions". Answers.com. Retrieved 9 January 2020.
- ^ Strategist (25 March 2008). "remorph - be the change: Cover Story - Tobacco Industry Analysis". remorph - be the change. Retrieved 9 January 2020.
- ^ "VST Industries > Company History > Cigarettes > Company History of VST Industries - BSE: 509966, NSE: VSTIND". www.moneycontrol.com. Retrieved 9 January 2020.
- ^ "VST Industries LTD. - Terms of Use". Archived from the original on 17 February 2015. Retrieved 25 February 2015.
- ^ "Business; Cigarettes:Going up in Smoke". Archived from the original on 24 September 2015. Retrieved 28 May 2011.
- ^ "India: Tobacco - Market Research Reports - Research and Markets". Archived from the original on 23 March 2012. Retrieved 28 May 2011.
- ^ Y.Lasania, Yunus. "'The last Nizam of Hyderabad was not a miser'". The Hindu. Retrieved 26 February 2017.
- ^ "City Police Hospital inaugurated in Amberpet". 9 July 2021.
- ^ "Hyderabad: 10-bed police hospital comes up at Amberpet". 10 July 2021.
- ^ "Ten-bedded police hospital inaugurated in Hyderabad".
