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The RoC has fined V-Guard Industries'' Managing Director M K Chittilappilly for violating rules related to director appointments and retirement, as per Section 152(6) of the Companies Act.

V-Guard Industries reported a 44.5% rise in consolidated profit after tax (PAT) to Rs 76.17 crore in the fourth quarter ended March 2024, driven by strong demand in electronics and consumer durables.