Expecting a double digit growth in our revenues: KU Subbaiah, CEO, VST Tillers Tractors
"During the last year in the cue of the reduced the tiller sales our margins came under pressure," KU Subbaiah said.
VST Tillers Tractors Limited
Company limited by Shares (1) 250+ employeesVST Tillers Tractors Limited Description
VST Tillers Tractors Ltd. was established in the year 1967 by the VST Group of companies, which is a well-known century old business house in South India. The group built its reputation through retailing of petroleum products and distribution of Automobiles in Karnataka and Tamil Nadu. The company deals in petroleum products and automotive marketing and after sales service. The company was promoted by VST Motors as a joint venture with Mitsubishi Heavy Industries Ltd, Japan. The company is now the largest manufacturer of Power Tillers in India. The company has been growing steadily. Currently, the VST family holds 51% of the equity in the listed company that has recorded consistent growth and has given excellent returns to its shareholders. The manufacturing of key components for the engine for both Power Tiller and Tractor takes place in the Precision Components Division located in Mysore. The manufacturing facility for Power tillers has been retained at Whitefield Road, Bangalore and the Tractors have been shifted to Hosur in Tamil Nadu. The company produces power tillers, tractors, rice transplanter, power reaper, rotatory tillers, attachments, engines and precision auto components. The company has manufacturing units in Bangalore, Tamil Nadu and Karnataka. They have 11 sales offices in: Ghaziabad, Bihar, Guwahati, Kolkata, Cuttack, Anantapur, Ravulapalem, Bilaspr, Bhopal, Ganadevi and Kolhapur. Their consignment agents are in Goa, Jammu & Kshmir and Kerela.
VST Tillers Tractors Limited Overview
INDIA HO
BANGALORECOMPANY SIZE
250+ employeesCIN
L34101KA1967PLC001706TYPE
PublicCATEGORY
Company limited by SharesSUB-CATEGORY
Non-govt companyWEBSITE
http://www.vsttillers.comFOUNDED
18 Dec,1967PAID-UP CAPITAL
86,395,280AUTHORISED CAPITAL
100,000,000VST Tillers Tractors Limited in News
Directors of VST Tillers Tractors Limited
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Siva Kameswari Vissa | Unlock to View | Unlock to View | Director | 29 Jul,2016 |
| Vellore Tiruvengadaswamy Ravindra | Unlock to View | Unlock to View | Director | 27 May,2016 |
| Kashinath Martu Pai | Unlock to View | Unlock to View | Director appointed in casual vacancy | 05 Aug,2015 |
| Vellore Velu Pravindra | Unlock to View | Unlock to View | Director | 28 Jul,2008 |
| Ramanatha Subramanian | Unlock to View | Unlock to View | Director | 12 Oct,1990 |
| Moloy Kumar Bannerjee | Unlock to View | Unlock to View | Director | 12 Jun,1990 |
| Mahendra Vellore Padmanaban | Unlock to View | Unlock to View | Managing director | 20 Feb,1984 |
| Surendra Vellore Krishnamoorthy | Unlock to View | Unlock to View | Director | 29 Sep,1980 |
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