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Company Information

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VEERAM SECURITIES LTD.

15 January 2025 | 04:01

Industry >> Gems, Jewellery & Precious Metals

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ISIN No INE607V01028 BSE Code / NSE Code 540252 / VSL Book Value (Rs.) 2.92 Face Value 2.00
Bookclosure 30/09/2024 52Week High 14 EPS 0.33 P/E 27.78
Market Cap. 68.38 Cr. 52Week Low 7 P/BV / Div Yield (%) 3.10 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was originally incorporated on April 15, 2011 as `Veeram T.V Network Private Limited' under the provisions of the Companies Act, 1956 with the Registrar of Companies, Gujarat, Ahmedabad (the "RoC"). The name of the Company was changed from Veeram T.V Network Private Limited to Veeram Spiritual Energies Private Limited and fresh certificate of incorporation consequent upon change of name was issued by the Roc on February 26, 2014. Subsequently the name of the Company was changed from Veeram Spritual Energies Private limited to Veeram Ornaments Private Limited and fresh certificate of incorporation consequent upon change of name was issued by the Roc on June 10, 2016. the Company was converted into a public limited company pursuant to a special resolution passed by the shareholders at the EGM held on June 24,2016 and the name of the Company was changed to Veeram Ornaments Ltd. A fresh certificate of incorporation was issued by the RoC on July 26, 2016. We are integrated as a Wholesaler of branded Jewellery & Ornaments. We are also into trading business of silver and distributor of readymade gold & silver Jewellery & Ornaments. the portfolio of products includes gold and silver jewellery with or without studded precious and semi-precious stones. the Jewelries and ornaments are designed keeping in mind the demand for the Traditional, Modern & Indo-Western jewellery & ornaments in India. With regional diversity of tastes and preferences, we have diverse portfolio of Ornaments and Jewellery to suit the taste and preferences of one & all. the gold & silver traditional jewelries & ornaments are either made with kundan, gem stones, American diamonds etc or just plain gold or silver.

 
KEY EVENTS AND MILESTONES :

The following table sets forth the key events and milestones in the history of the Company, since incorporation:

2011

-Company Incorporated as Veeram T.V Network Private Limited W.E.F. 15/04/2011.

2014

-Veeram T.V Network Private Limited changed its Main Object to provide, enctheage, initiate or promote facilities for the discovering, improvement or development of new methods or to Assist people with the help of alternative therapies of spiritual (cosmic) energies for making life boosting mentally, physically and spiritually stronger and thereby building happier lives and better life to public at large.

-Company changed its name from Veeram T.V Network Private Limited to Veeram Spiritual Energies Private Limited.

2016

-Company changed its name from Veeram Spritual Energies Private limited to Veeram Ornaments Private Limited. -Company changed its Object to carry on the trades or business of manufacturing, making, buying, selling, importing, exporting and dealing in ornaments and jewelleries of all kinds whether of Gold, Silver, Platinum, rolled gold and other metals and alloys, precious stones like diamonds, rubies, emeralds, pearls any other substances and to establish and maintain factories and workshops for manufacturing and making such ornaments and jewelleries and other articles. -Veeram Ornaments Private Limited converted to Veeram Ornaments Limited.

2019

-Company name has changed to Veeram Securities Ltd. from Veeram Ornaments Ltd..

2020

-The Company has issued Bonus Shares in the Ratio of 134:100.

2022

-The Company has issued Bonus Shares in the Ratio of 1:2. -The Company has splits its face value from Rs. 10/- to Rs. 2/-.