VST Industries explained

VST Industries Ltd
Type:	Public
Isin:	^[1]
Foundation:	10 November 1930 (as Vazir Sultan Tobacco Company Limited)
Founder:	Vazir Sultan
Location:	Azamabad, Hyderabad, Telangana, India.^[2]
Key People:	Naresh Kumar Sethi - Non Executive Dir - ChairmanRama Bijapurkar - Independent Non Executive DirSudip Bandyopadhyay - Independent Non Executive DirRajiv Gulati - Independent Non Executive DirS. Thirumalai - Non-Executive DirAditya Deb Gooptu - Managing Director
Industry:	Conglomerate
Products:	Tobacco
Revenue:	US$117 million ^[3]
Num Employees:	784
Website:	https://vsthyd.com

VST Industries Ltd is an Indian publicly-listed company which manufactures and distributes cigarettes.^[4] The company is headquartered in Hyderabad.

VST Industries started off as the Vazir Sultan Tobacco Company, and became an affiliate undertaking of British American Tobacco group of the United Kingdom,^{[5] [6]} It became fully independent and registered as VST Industries Ltd in 1983.^{[7] [8]} British American Tobacco, through its subsidiaries, owns a 32.16% stake in the company.

History and founder

Vazir Sultan Tobacco was started by the late Mr. Vazir Sultan in 1916, present Vithalwadi, Hyderabad. VST went public in 1930. He died on 12 June 1923.

He was survived by 7 sons and 3 daughters. Eldest son Mr. Mohammad Sultan was the 1st chairman of VST Industries.

Brands

The company also operates under the names of Total, Charms, Charminar, Editions, Special, and Moments. Its headquarters are located in Hyderabad, India. It is the second largest cigarette manufacturing company in India.^{[9] [10]} The company declared a dividend of 450% in 2011 making it one of the highest dividend yielding stocks in the Bombay Stock Exchange. The seventh and last Nizam of Hyderabad, Osman Ali Khan, Asaf Jah VII, used to smoke Charminar cigarettes, which were specially rolled for him in roasted tobacco.^[11]

VST contributes to the society, supporting the setting up of a city police hospital in Amberpet in 2021.^{[12] [13] [14]}

Notes and References

1. Web site: VST Industries > Company History > Cigarettes > Company History of VST Industries - BSE: 509966, NSE: VSTIND. www.moneycontrol.com.
2. Web site: The Vazir Sultan Tobacco Company Limited (Ijb63a99) . 28 May 2011 . 28 July 2014 . https://web.archive.org/web/20140728223225/http://legacy.library.ucsf.edu/tid/ijb63a99/pdf;jsessionid=71F6800F83ABA82433449C60E4310131.tobacco03 . dead .
3. Web site: Financial results . 2011. www.vsthyd.com. 2021-04-20.
4. Web site: Business News, Market Updates, Economy, Finance, Stock, BSE, NSE, Nifty – NDTV Profit. www.ndtv.com. en. 2020-01-09.
5. Web site: Answers - The Most Trusted Place for Answering Life's Questions. Answers.com. en. 2020-01-09.
6. Web site: remorph - be the change: Cover Story - Tobacco Industry Analysis. Strategist. 2008-03-25. remorph - be the change. 2020-01-09.
7. Web site: VST Industries > Company History > Cigarettes > Company History of VST Industries - BSE: 509966, NSE: VSTIND. www.moneycontrol.com. 2020-01-09.
8. Web site: VST Industries LTD. - Terms of Use . 25 February 2015 . https://web.archive.org/web/20150217120532/http://www.vsthyd.com/aboutus.html . 17 February 2015 . dead . dmy-all .
9. Web site: Business; Cigarettes:Going up in Smoke . 28 May 2011 . 24 September 2015 . https://web.archive.org/web/20150924034414/http://www.india-today.com/itoday/19991206/business.html . dead .
10. Web site: India: Tobacco - Market Research Reports - Research and Markets . 28 May 2011 . 23 March 2012 . https://web.archive.org/web/20120323072307/http://www.researchandmarkets.com/reports/586455/india_tobacco . dead .
11. News: 'The last Nizam of Hyderabad was not a miser'. Y.Lasania. Yunus. The Hindu. 2017-02-26. en.
12. Web site: City Police Hospital inaugurated in Amberpet. 9 July 2021.
13. Web site: Hyderabad: 10-bed police hospital comes up at Amberpet. 10 July 2021.
14. Web site: Ten-bedded police hospital inaugurated in Hyderabad.