255.70 -2.45(-0.95%)
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VST Industries Limited (the erstwhile Vazir Sultan Tobacco Company Limited) was incorporated on November 10th, 1930 at Hyderabad, AP. The Company was changed to VST Industries Limited, on April 30, 1983. The Company is an associate undertaking of British American Tobacco Plc., the global leader in cigarettes. It has 1 manufacturing facility in Toopran and 7 Regional offices in Hyderabad, Mumbai, Delhi, Kolkata, Chennai, Lucknow and Guwahati. It is presently engaged in manufacture and trading of Cigarettes, containing Tobacco and Tobacco products. In 1990, the company entered the United Arab Emirates market, launching Kingston Mini Kings. To develop the export business, it introduced fire-cured, light-soil Burley and other non-traditional varieties of tobacco, followed by another brand, Kingston Dual Filter, in 1991. In the same year, it was accorded the status of an export house. It also acquired an import license for two sophisticated high-speed precision Log Max cigarette manufacturing machines from France. The company also exports agricultural products.VST's subsidiaries are Hallmark Tobacco Company Pvt Ltd, VST Distribution, Storage & Leasing Company Pvt Ltd (VDSL) and Tobacco Diversification Investments Pvt Ltd (TDIL). During the year 2004-05 Tobacco Diversification ...