VST Industries
 | |
| Company type | Public (BSE: 509966, NSE: VSTIND, 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 | Abhijit Bas, Chairman Raymond S. Noronh, Managing Director N. Sai Sankar, Deputy Managing Director and Secretary[3] |
| Products | Tobacco |
| Revenue |  US$117 million [4] |
Number of employees | 1,117 [5] |
| Website | www.vsthyd.com |
VST Industries Ltd. 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 collaboration 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
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
The company also operates under the names of Total, Charms, Charminar, Editions , Gold, and Moments. It's headquarters are located in Hyderabad, India. It is the 3rd largest cigarette manufacturing company in India.[11][12] 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.[13]
References
- ^ http://www.moneycontrol.com/company-facts/vstindustries/history/VST
- ^ http://legacy.library.ucsf.edu/tid/ijb63a99/pdf;jsessionid=71F6800F83ABA82433449C60E4310131.tobacco03
- ^ http://www.vsthyd.com/i/VST%20AR%202010_Report%20on%20Corporate%20Governance.pdf
- ^ http://www.vsthyd.com/i/Financial%20Results%20for%20the%20year%20Ended%2031st%20March,%202011.pdf
- ^ http://www.cigarettespedia.com/index.php/ManufacturerVST_Industries_Ltd.
- ^ http://profit.ndtv.com/company/overview/vst-industries-ltd?cp
- ^ http://www.answers.com/topic/british-american-tobacco-adr
- ^ http://remorph.blogspot.com/2008/03/cover-story-tobacco-industry-analysis.html
- ^ http://www.moneycontrol.com/company-facts/vstindustries/history/VST
- ^ "Archived copy". Archived from the original on 17 February 2015. Retrieved 25 February 2015.
{{cite web}}: CS1 maint: archived copy as title (link) - ^ http://www.india-today.com/itoday/19991206/business.html
- ^ http://www.researchandmarkets.com/reports/586455/india_tobacco
- ^ Y.Lasania, Yunus. "'The last Nizam of Hyderabad was not a miser'". The Hindu. Retrieved 26 February 2017.
