Lawreshwar Polymers’ board of directors on March 25, 2013 decided to make their subsidiary Company to de-subscribe so that the interest of the Shareholders of the Company shall not be disturbed. Accordingly the Board has transferred its Equity Shares in Swastik Polyblend to some persons on March 30, 2013.
Naresh Agarwal (Executive Director) of the Company has been authorised to complete the necessary formalities in this regards. So after March 31, 2013 Lawreshwar Polymers does not have any subsidiary Company.
Lawreshwar Polymers commenced its production on May 11, 1995 with an installed capacity of 45 Lac pairs per annum and within a span of one year it had been successful in achieving envisaged results and able to establish an effective sales network in Rajasthan as well as other states. The company has successfully established its brand name “Lehar” in the market within a very short period.
