Board approves Company Secretary change at Loyal Textile Mills

Kmp ResignedManagement Changes View source PDF Explain this filing

LOYALTEX · price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.8%+2.8% vs market

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AI summary

On Dec 29, 2025, the board of Loyal Textile Mills accepted the resignation of Mr. S. Muthukrishnan as Company Secretary and Compliance Officer (KMP), effective Dec 31, 2025, due to personal reasons and other pre-occupations. Dr. V. Rajesh, a fellow member of ICSI with 13 plus years of experience in corporate law, SEBI regulations and FEMA, was appointed as the new Company Secretary effective Jan 1, 2026. He holds a doctorate in Entrepreneurship and previously handled IPO work.

Likely market impact

Routine KMP-level succession. No material change expected to operations or stock price.