The textural and electrooptical behavior of a nematic liquid crystal (LC) dispersed in a flexible and rigid polyester was studied. The dispersion of LC in the polymer matrix and light transmission through the polymer-dispersed liquid crystal (PDLC) is governed by the nature of the polymer, its molecular weight, and the applied voltage. It was observed that the transmission of light and the dispersion of LC maximizes their respective values at the minimum molecular weight irrespective of the nature of the polymer and at the maximum voltage. The reason is the predominance of chain alignment over entanglement at the minimum molecular weight. As molecular weight increases, the transmission of light as well as the dispersion of LC in the polymer may increase or decrease depending on the predominance of chain entanglement or chain alignment. The alignment of LC droplets in the direction of the applied voltage is increased by an increase in the applied voltage, causing enhancement of the light transmission.