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Lahoti Overseas Ltd. Company History and Annual Growth Details

Lahoti Overseas Ltd. was incorporated in the State of
Maharashtra with the name of LAHOTI OVERSEAS PVT. LTD. on
24th April, 1995 tinder the Companies Act, 1956.
Subsequently, the Company has been converted into Public
Limited Company by passing a Special Resolution on 26th
April, 1995 and obtained fresh Certificate of Incorporation
dated 29th May 1995 from the Registrar of Companies,
Maharashtra, Bombay.

The Company was promoted by Shri Umesh Lahoti with the
object of taking over as a going concern the business of
the erstwhile Partnership Firm M/s. LAHOTI EXPORTS (a
Merchant Exporter) including all the assets and

M/S. LAHOTI EXPORTS was set up in 1990 by Shri Ujwal Lahoti
and Shri Umesh Lahoti as a Partnership Firm with the object
of export of cotton yarns. Initially the firm's turnover
consisted mainly of exports on commission basis with only a
small proportion of direct exports and later on it started
exports directly to have a better return on investment. The
firm's turnover has shown an impressive growth from Rs.
3.19 Lacs in 1991-92 to Rs. 2473.79 Lacs in the year

LAHOTI EXPORTS is engaged in the export of cotton yarns of
various counts. The firm carried Out its export and
management from Bombay Office, 307, Arun Chambers, Tardeo
Road, Bombay - 400 034. The firm carried out its purchase
operation from its head office at 57, Guruwar Peth, Karad -
415 110, a Cotton Spinning Mill area.


- Lahoti Overseas Ltd has been selected for Awards by Federation of Indian Export Organization (FIEO) & The Cotton Textiles Export Promotion Council (TEXPROCIL), which are the export promotion bodies sponsored by the Government of India.


-Delist securities from The Stock Exchange - Ahmedabad w.e.f. March 18, 2005 and from Pune Stock Exchange Ltd w.e.f. March 14, 2005.