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History of LN Polyesters Ltd.

L N Polyesters Ltd., was incorporated as Public Limited Comp. on January 19th 1993. The Registered Office of Comp. is situated at 205, 2nd Floor, Chenoy Trade Centre, Park Lane, Secunderabad - 500003. The Comp. is setting up a unit for Manufacture of Texturised Dyed & Rotoset Polyester Filament Yarn from Partially Oriented Yarn [POYs] with an installed capacity of 838 tpa at Patighanapuram Village, Patanchem Mandal, Medak District, Andhra Pradesh. The unit will be assisted by Sanghi Polyesters Limited in respect of Technical Know-how & supply of Raw materials.

MAIN OBJECTS TO BE PURSUED BY THE COMPANY

1. To carry on the business as manufacturers, producers, processors, importers, buyers, sellers of & dealers in all kinds of Polyester, Polypropylene, PVC Polythelene and/or any other yarn, Synthetic films for industrial & non-industrial uses, Audio & Video magnetic tapes, Computer tapes, Typewriter tapes, Capacitor films, Graphic art films, X-Ray & Photo films, Metallised films, Packaging films, Electrical insulation films, Wall coverings, Audio & Video cassette of all kinds.

2. To carry on the business of manufacturers, producers & processors, importer, exporters, buyers, sellers of & dealers in all kinds of Polymers & Chips.

SUBSIDIARY COMPANIES

The Comp. has no Subsidiary Companies.

2008

- LN Polyesters Ltd has informed that Sri. K C Venkateswarlu, is appointed as Non-Executive Independent Director of Comp. at the Board of Directors Meeting held on January 31, 2008 with effect from the day of Board Meeting i.e. January 31, 2008.