Visaka Industries Limited was initially incorporated in the name of 'Visaka Asbestos Cement Products' in June 18, 1981 by Dr. G. Vivekanand. The Other Group Companies are Visaka Cement Industry, Venus Tobacco Company and VST Natural Products. Later, the Company changed its name to 'Visaka Industries Limited' in 1988. The Company is into the business of manufacture of cement fibre sheets (V-Boards), spinning yarn, fibre cement boards & panels, solar panels and synthetic blended yarn.
The Company commenced the manufacture of cement asbestos sheets in 1985 with an annual capacity of 36,000 metric tonnes per annum and thereafter, diversified into manufacture of synthetic yarn in 1992. In May '95, VIL obtained ISO 9002, the Quality System Certificate from the Bureau of Indian Standards for ...its textile division. In Nov'95, VIL came out with a rights issue aggregating 289.59 lacs in Jan 1996. In the year 1997-98, Asbestos unit at Paramathi Velur in Tamil Nadu commenced commercial production.
In FY 2006-07, Shakti Roofings Pvt. Ltd. merged with and into the Company in April, 2006. As per the said Scheme of Arrangement, 20,07,995 equity shares face value of Rs.10 each of the Company was allotted to the existing shareholders of M/s. Shakti Roofings Private Limited.
Company commissioned V-Board business in May 2008, conveniently distant from its cement asbestos units. It got into the cement boards business in 2009 by commissioning its first unit in Miryalaguda, Telangana. It expanded building product mix to manufacture non asbestos fibre cement board and panels (flat products).
The Sambalpur unit (100,000 TPA) was commissioned in 2011-12. During the year 2014-15, Visaka Thermal Power Limited (VTPL) ceased to be an associate Company of the Company. In 2016-17, the Company expanded its spinning capacity to 12,000 tonnes per annum. It manufactured cement roofing sheets across 7 plants with an installed capacity of 8,48,000 metric tonnes as on 31 March 2025.
1. Can I buy Visaka Industries Ltd from PL Capital? ›
Yes, you can invest in Visaka Industries Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Visaka Industries Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Visaka Industries Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Visaka Industries Ltd pay dividends? ›
Yes, Visaka Industries Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Visaka Industries Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Visaka Industries Ltd ? ›
As of
07-10-2025 the share price for Visaka Industries Ltd. is 83.22 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Visaka Industries Ltd ? ›
The 52-week high and low of Visaka Industries Ltd share price is ₹ 55.05 - ₹ 111.29 as of
07-10-2025 .
PL Ringside View
Our fireside chat series where industry experts and top management share valuable insights for our clients
