Visaka Industries had come out with a qualified institutional placement in the beginning of 2007 for establishing a Reinforced Building Board Unit. The unit has been set up in Miryalguda Taluq, Nalgonda District, in the state of Andhra Pradesh with an investment of Rs 40 crore. The unit commenced commercial production in May 2008. The product from this unit has been branded as V-Board. Being a new product V-Board has been gaining gradual market acceptance.

V-Board is used for false ceilings, wall partitions, wall paneling, door panels, mezzanine flooring, back liners and structural glazing back lining. V-Boards are also used for computer table, office table, shoe rack, cupboards, black boards, school bench, shelves, benches for cafeteria and doors. In short V-Board is an eco-friendly wood substitute. Considering the quality of the product, in recent times the company has been receiving several export enquiries.

The company made this announcement during the trading hours today, 15 July 2009.