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About Vega Jewellers Ltd PH Trading Limited, originally known as Larsen Services & Trading Limited, operates in the trading sector focusing on industrial chemicals. Since its rebranding in 2003, the company has expanded its product portfolio to include Caustic Potash, Caustic Soda, Chlorine, Phenol, and a variety of other chemicals. It collaborates with prominent domestic manufacturers such as Hindustan Organic Chemicals Ltd. and Nirma Limited, enhancing its distribution capabilities and market reach.
The company underwent a structural change in 2017 when its trading unit, 'K Kumar & Co. Unit', was demerged and integrated into its subsidiary, Dhyaneshwar Traders Pvt Ltd, which later became wholly owned by PH Trading. However, in the fiscal year 2019-20, PH Trading disinvested in Dhyaneshwar Traders Pvt Ltd. This strategic move indicates a shift in the company’s focus towards optimizing its core trading operations.