With reference to the captioned subject, we wish to inform you that Board of Directors of the company have considered and approved today i.e., May 06, 2025, appointment of Mr. Rishi Roop ....
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Loyal Equipments Ltd has appointed Mr. Rishi Roop Kapoor as its Chief Executive Officer with effect from May 6, 2025, following approval by the Board of Directors on the recommendation of the Nomination and Remuneration Committee. Mr. Kapoor brings over three decades of experience in industrial engineering, manufacturing, and strategic business leadership. He is an IIT Roorkee metallurgical engineering graduate with an MBA from KJ Somaiya Institute of Management, Mumbai, and has previously served as CEO at The Anup Engineering Ltd, Arvind Ltd's Engineering Division, and Gemini Engi Fab Pvt Ltd. The company confirmed he is not related to any existing director, not appointed as a board director, and not debarred by SEBI or any other regulator.
This is a significant leadership upgrade — bringing in a seasoned CEO from reputed listed peers like Anup Engineering could be viewed positively by investors as a signal of stronger governance and a strategic push for growth and operational scale. For a small-cap industrial equipment maker, such a high-profile external hire may attract renewed market attention.