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V-Guard & Wonderla founder Kochouseph Chittilappilly sells stock worth 70 crore

It’s been an exceptionally charged year for V-Guard Industries, as the stock has doubled to touch an all-time high of Rs.241. With the market cap nearing Rs.10,000 crore, founder Kochouseph Chittilappilly has decided to bank some of it. Having built not one but two businesses from scratch, Chittilappilly knows that cash is as good a shock absorber as the stabilisers he started out with. Besides V-Guard, Chittilappilly is also the prime mover behind investor darling Wonderla Holidays.   

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