COO R M Shanmugam resigns from Loyal Textile Mills

Kmp ResignedManagement Changes View source PDF Explain this filing

LOYALTEX · price

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Price reactionminutes from the announcement price · days from the prior close

-5.6%Reaction day

₹267.95

prior close

₹276.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-5.3% vs market

On the reaction day the stock moved 5.3 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

-8.3

30m

-8.3

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-5.6-0.3-5.3

Next day

-6.5+0.1-6.6

-10.4+0.3-10.7

-4.9+0.8-5.6

-6.7+0.6-7.3

-7.1+0.2-7.3

-13.8+0.5-14.3

15d

-14.7-0.1-14.6

-18.8-3.5-15.3

-20.4-5.0-15.3

-23.9-13.4-10.5

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Loyal Textile Mills said Chief Operating Officer R M Shanmugam stepped down during the preceding weekend. The company received his resignation letter and submitted it to NSE and BSE on October 23, 2025, clarifying its earlier announcement dated June 9, 2025.

Likely market impact

The departure creates a vacancy in senior management. The filing provides no financial impact details or information on a replacement.