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XL Energy Ltd. Company History and Annual Growth Details

XL Telecom was incorporated as XL Cable Splices Pvt. Ltd on 3rd October 1985,
with the main objective of carrying on the business as manufacturers and dealers
in cable splices, manufacturers of protection equipment and allied accessories for
Electronic Telephone Exchanges and other establishments. Since the Company
was getting into telecom line, the name of the Company was changed to XL Telecom
Private Ltd., on 18th December, 1985. The Company was subsequently converted
into a Public Limited Company by the name of XL Telecom Limited on 31th December
1990.

XL initially focussed in Outside Plant Accessories and more specifically Jointing Kits for
PIJF Cables in the year 1985.

In 1990, the company established manufacturing facility to manufacture Heat Shrink
Sleeves, the main component in the Jointing Kit, as backward integration project in
Technical and Financial assistance with the then German Major SIEMENS through
its subsidiary M/s. RXS Kabelgamiturien GmbH, Germany.

In the year 1995, XL established a Solar Photo Voltaic Module Manufacturing facility.
XL initially entered into this segment largely to cater to BSNL's Village Public Telephone
Requirements.

In the year 2000, XL established facility to manufacture SMPS Power System in
technical assistance with SMPS De Austria.

In the year 2002, XL diversified into fast growing India Module segment and of it then
emerging CDMA Mobile Market in Technical Assistance with internationally renowned
market leader Kyocera.

2007

- XL Telecom Ltd has appointed Mr. V Visweswara Rao, as an Additional Director of the Company.

- XL Telecom Ltd has announced that the Company has received orders from BSNL valued at Rs 468 million for supply of 179,082 Fixed Wireless Phones.

-Company name has been changed from XL Telecom Ltd to XL Telecom & Energy Ltd.

2008

-Board recommends Dividend of 15%.

2010

-Company has changed its name from XL Telecom & Energy Ltd. to XL Energy Ltd.

2011

- Mr. Ramesh Subramaniam has been appointed as Independent Director .
- XL Energy Bags EPC Contract for Solar Power Plant in India.

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