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Lambodhara Textiles Ltd. Company History and Annual Growth Details

Lambodhara Textiles Limited was incorporated as a Private
Limited Company on 17th March, 1994 and converted as a
Public Limited Company on 26th October, 1996, under the
Companies Act, 1956 and new Certificate of Incorporation
was received on 7th November, 1994.

The Registered Office of the Company is situated at the
residential premises of the Managing Director, B II/I Park
Avenue, Race Course, Coimbatore 641 018 and the company has
given an undertaking to shift the same from the present
premises. The factory is situated at 826, Thazayuthu,
Palani Taluk.

Lambodhara Textiles Limited is promoted by Mr.R. Santosh,
son of Mr.V. Radhakrishnan who hail from one of the
reputed textile families who are associated with textile
industry for more than 20 years. They hail from the family
of Mr. Venkataswamy Naidu who were associated with many
companies, prominent among them being South India Viscose.
Mr. V. Radhakrishnan is the Director of Lakshmi Ganesha
Textiles Limited and V.R. Textiles.

Lambodhara Textiles Limited started its manufacturing
operations by taking over an existing sick unit and this
was sold by Tamilnadu Industrial Investment Corporation
Limited vide the sale deed dated 27th day of May, 1994. The
Company is engaged in the business of manufacture of yarn.
The Company is presently having 4644 spindles with 2700 Kgs
per day spinning capacity in 20s carded yarn.

The Company proposes to immediately install further 5760
spindles with a additional capacity of 3700 kgs per day of
20s combed yarn

The total capacity after the expansion will be 10404
spindles with a capacity of 6400 kgs per day.