Veto Switchgears And Cables Limited

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71844 GURNANI ,••;,.II'A To The Secretary - Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai -400001 Ref: SCRIP CODE: 539331; VETO Dear Sir(s) Date: February 15th, 2021

100%

SIDCUL, Haridwar. Continuing to the above in 2019 company started greenfield manufacturing unit (100% Subsidiary) at Mahindra SEZ, Jaipur. In 2020 Company Started Veto Led Lighting Pvt LTd. 100 % subs

100 %

unit (100% Subsidiary) at Mahindra SEZ, Jaipur. In 2020 Company Started Veto Led Lighting Pvt LTd. 100 % subsidiary at Vasai, Mumbai Veto has invested Rs5 crore in Vankon Modular Pvt. Ltd. for acquring 9

Rs5 crore

020 Company Started Veto Led Lighting Pvt LTd. 100 % subsidiary at Vasai, Mumbai Veto has invested Rs5 crore in Vankon Modular Pvt. Ltd. for acquring 93.41 % stake with payback of around 2 years. PRESENT STA

93.41 %

% subsidiary at Vasai, Mumbai Veto has invested Rs5 crore in Vankon Modular Pvt. Ltd. for acquring 93.41 % stake with payback of around 2 years. PRESENT STATUS Lightning Your Dreams With Veto www.vetoswi

30%

oswitchgears.com Veto Today & Veto-Vankon Tomorrow Vankon currently has 1500 Dealers (Growing at 30% Y-on-Y from inception) Average revenue from Veto dealer is Rs6lacs and that from Vankon is Rs4lacs

Rs6

rently has 1500 Dealers (Growing at 30% Y-on-Y from inception) Average revenue from Veto dealer is Rs6lacs and that from Vankon is Rs4lacs. Average revenue for Veto Retailer is Rs1lac and for Vankon ret

Rs4

at 30% Y-on-Y from inception) Average revenue from Veto dealer is Rs6lacs and that from Vankon is Rs4lacs. Average revenue for Veto Retailer is Rs1lac and for Vankon retailer is Rs80 thousand. Veto se

Rs1

e from Veto dealer is Rs6lacs and that from Vankon is Rs4lacs. Average revenue for Veto Retailer is Rs1lac and for Vankon retailer is Rs80 thousand. Veto sees immense opportunity in Switchgear, Hi-End d

Rs80 thousand

that from Vankon is Rs4lacs. Average revenue for Veto Retailer is Rs1lac and for Vankon retailer is Rs80 thousand. Veto sees immense opportunity in Switchgear, Hi-End designer lighting led & fast moving electrica

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r, Hi-End designer lighting led & fast moving electrical goods for next couple of years. Veto Dealers 010203 Switchgears INDUSTRY DETAILS Lightning Your Dreams With Veto www.vetoswitchgears.com The wires a

Rs183 billion

n the power and infrastructure segments. CRISIL Research estimates the switchgear industry to be at Rs183 billion in fiscal 2018, having grown approximately 7% between fiscals 2014 and 2018. CRISIL Research expect

“Veto Dealers 010203 Switchgears INDUSTRY DETAILS Lightning Your Dreams With Veto www.vetoswitchgears.com The wires and cables market in India comprises nearly 40 per cent of the electrical industry and is growing at a CAGR of 15 per cent as a result of growth in the power and infrastructure segments.”

“CRISIL Research expects the Indian switchgear industry to grow at a CAGR of approximately 9% and reach Rs286 billion in fiscal 2023.”

“COMMITMENT By our hard work, open communication and team work we will be the most insightful innovative and relevant, company in India.”

Corporate Office

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Corporate Office

4th Floor, Plot No. 10, Days Hotel, AirportPlaza Scheme, Behind Hotel Radisson Blu,Tonk Road, Durgapura, Jaipur-302 018 (Rajasthan) Tel: 0141-6667777 Extn. 775 Email: info@vetoswitchgears.com,vetoswitchgears@yahoo.co.in, Website: www.vetoswitchgears.com Factory: Plot No. 65-67 & 74-77, Sector -5, liE, SIDCUL,Ranipur, Haridwar-249403 Veto Switchgears & Cable Limited www.vetoswitchgears.com ISO 9001:2008 Certified Company Gurnani Group are engaged We in manufacturing of Wires & Cables, Electrical Accessories, Industrial Cables , Fans, CFL Lamps, Pumps, Modular Switches, LED lights , Immersion Heater, MCB and distribution boards. Veto Switchgears & Cable Limited Lighting To Million Of Possibilities www.vetoswitchgears.com Brief History Veto Switchgears & Cable Limited How We Started The company was incorporated as a private limited company on June 20, 2007 by conversion of partnership firm “M/s Veto Switchgears and Cables”. The company is part of Jaipur, Rajasthan based Gurnani Group whic