VST Industries Ltd Company Profile: Products, Promoters and Clients
Question 1: What are the products and services of VST Industries Ltd?
VST Industries Ltd, previously called Vazir Sultan Tobacco Company, is a well-known Indian company that makes and sells tobacco products. Based in Hyderabad, it plays an essential role in the Indian cigarette market, providing various products for customers. Besides cigarettes, VST Industries also offers related services in the tobacco industry. Here's a look at their main products and services.
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Products of VST Industries Ltd
1- Cigarettes
Cigarettes are VST Industries' main products. The company provides many cigarette brands for different tastes, budget-friendly prices, and quality levels. The leading brands from VST Industries include:
- Charminar: This is one of India's oldest and most famous cigarette brands, especially popular in the southern states. It is affordable and widely available in rural and semi-urban areas.
- Charms: This brand is known in the mid-price range. It offers cigarettes that feel more premium but are still reasonably priced.
- Special: This brand targets premium customers with high-quality tobacco and attractive packaging.
- Edition: This newer premium brand from VST Industries aims at urban consumers who like refined flavors and high-quality products.
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2- Raw Tobacco
- The company processes and sells raw, exceptionally high-quality Indian tobacco. They use this raw tobacco to make their cigarette brands and sell it to other manufacturers.
3- Unmanufactured Tobacco
- Apart from finished products, VST Industries sells unmanufactured tobacco, including processed tobacco leaves that must be made into consumer items. The company exports these unmanufactured tobacco products to different countries and supplies them to businesses that turn them into cigarettes, cigars, or chewing tobacco.
4- By-products of Tobacco Processing
- As part of its production process, VST Industries produces by-products from tobacco leaves, including tobacco dust, stems, and reconstituted tobacco. These by-products are used in other industries or sold to companies that incorporate them into production.
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Services of VST Industries Ltd
1- Contract Farming
- VST Industries works closely with tobacco farmers through contract farming. The company supplies seeds and offers technical help to ensure farmers grow high-quality tobacco. In return, VST Industries buys the harvested tobacco at agreed prices, providing a steady supply and fair pay for the farmers.
2- Research and Development (R&D)
VST Industries puts money into research and development to improve product quality, improve tobacco farming methods, and create new products.
3- Tobacco Export Services
VST Industries is a key exporter of tobacco and tobacco products, sending Indian tobacco to markets around the world. The company exports raw and processed tobacco to countries with a demand for Indian products, especially in Europe, Africa, and Southeast Asia.
4- Sustainable Farming Practices and Community Support
The company promotes eco-friendly tobacco farming. They train farmers to use fewer chemical pesticides, save water with better irrigation, and grow tobacco responsibly. The company also runs community programs to help farmers and their families.
Question 2: Who are the promoters of VST Industries Ltd ?
MR. Naresh Kumar Sethi is the promoter of the company. He is also Non-executive director and chairman of the board. Mr. Sethi is a Member of the Nomination and Remuneration Committee.
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