Filter announcements
Loading...
Incorporated in 2014, V -Marc India Ltd manufactures PVC Insulated Wires & Cables
V-MARC India is migrating to NSE Main Board & BSE, aiming for wider investor participation. The Board raised borrowing & charge limits to ₹1000 Cr each, enabling growth. New annual related party transaction limits up to ₹350 Cr with V-MARC group entities were also approved.
V-MARC India entered a JV with Nepal's Annapurna Rathi Cable Industries. The V-MARC-ANNAPURNA JV aims to manufacture and supply Medium Voltage Covered Conductors in Nepal, boosting V-MARC's international presence and market access. V-MARC's share starts at 70%.
V-Marc India clarified share price movement, stating all disclosures were timely and accurate. The company attributes price/volume fluctuations to market forces and confirms no material information was withheld, adhering to all listing norms.
V-Marc India's compliance report highlighted SEBI action against its Promoter & MD, Vikas Garg, in a personal capacity. The company confirms this matter does not impact its operations or functioning.
V-Marc India's qualified borrowings increased from 72.91 Cr to 106.93 Cr in FY26, adding 34.02 Cr in new debt. The company holds an IVR A-/Stable credit rating, signaling its debt management.