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History of Novopan Industries Ltd., Company
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Novopan Industries Ltd. Company History and Annual Growth Details

The Company was incorporated on 15th July, 1974 at Hyderabad

The Company was promoted by Andhra Pradesh Industrial
Development Corporation Limited (APIDC) and G V Krishna Reddy.

The main object of the company is to manufacture particle boards
and other panels and panel products.

The Company entered into a technical collaboration agreement
with Fahrni Institute Limited, Zurich, Switzerland for design,
engineering and installation of the plant and for the exclusive
use of Fahrni's unique,'NOVOPAN' particle board process in

To implement the company's prelaminated particle board and amino
resins, project in U S A a subsidiary Company under the name
'G U K AMERICA INC' was incorporated in U S A in May 1989.
The plant was expected to go on stream by early 1991.

2000 - Trading in the equity shares of the company will be suspended
from trading with effect from 31st May on account of the scheme
of arrangement between Novopan Industries Ltd and Taj GVK Hotels
and Resorts Ltd.

- Mr. Indira Krishna Reddy resigned as Managing Director and was
appointed as Vice-Chairperson of the company effective from June

2001 - Mr V.I. Ommenn, Director, expired on 6th February.

2002-Novopan Industries Ltd has informed that Mr Ajit Singh Director of the Company has resigned from the office of Director.Further Mr A Issac George has been appointed as an Additional Director on the Board of the Company by the Board of Directors at its meeting held on June 25, 2002.


-The members have approved to delist the shares from Hyderabad Stock Exchange.
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