Polymatech Unlisted Shares

In 2018, Mr. Eswara Rao Nandam and Mrs. Uma Nandam of Chennai acquired Polymatech Electronics Private Limited (PEPL), a subsidiary of Japan’s Polymatech Company Ltd. which was established in 2007. Mr. Nandam, a graduate of BITS Pilani, is a key promoter of the company, while Mrs. Nandam, a commerce graduate, oversees its finance function. The CTO and board directors are Japanese nationals. PEPL produces LED semiconductor chips at its SIPCOT (State Industries Promotion Corporation) Hi-Tech SEZ (Special Economic Zone) facility in Oragadam Kancheepuram, Tamil Nadu.