Polymatech Electronics

1. Introduction: Polymatech Unlisted Share is an Indian company that was incorporated in 2007 as a subsidiary of Polymatech Company Ltd, Japan. However, in 2018, it was completely acquired by Mr. Eswara Rao Nandam and his wife, Mrs. Uma Nandam, Chennai-based entrepreneurs. Mr. Eswara Rao Nandam, an alumnus of BITS Pilani, is a key promoter in the company. PEL specializes in manufacturing LED semiconductor chips and has a production facility in the SIPCOT Hi-Tech SEZ in Oragadam Kancheepuram, Tamil Nadu. The company aims to become a world leader in the manufacturing of Elastometer parts.