Change in Director / Key Managerial Personnel

Nature of change: Appointment of Chief Financial Officer.

Name and DIN of the individual: Mr. Nambi Arooran. (DIN not disclosed in the provided data).

Effective date and tenure: The appointment is effective from 14th November 2026. The specific term of appointment is not disclosed.

Brief profile and relevant qualifications or experience: Mr. Nambi Arooran is a Chartered Accountant (CA) with 24 years of managerial experience. His expertise spans Finance, Costing, Management Information Systems (MIS), Management accounting, Internal Control systems, ERP implementation, and Project Evaluation within the manufacturing industry. He has functional knowledge in various manufacturing industry types including Iron & Steel, Cement, Chemical, Automobile component, Textile, Construction, and Shipbuilding.

Confirmation of eligibility under SEBI/BSE/NSE norms: The disclosure states the appointment is based on the recommendation of the Nomination and Remuneration Committee and was approved by the Board, implying compliance with norms, though no explicit confirmation is stated.

Relationship with other directors: The annexure explicitly states "No" under the disclosure of relationships between directors.

Previous KMP: The data provided does not mention the previous Chief Financial Officer or the reason for the vacancy.

Key Financial or Operational Approvals

This section is not applicable as the data provided pertains solely to a management appointment and does not contain information on financial results, fundraising, acquisitions, capital expenditures, or auditor's opinions.

Strategic or Business Context

This section is not applicable as the data provided is a regulatory disclosure of a management appointment and does not contain any commentary on business outlook, risks, trends, or strategic developments.

Any Other Material Information

The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It specifically complies with the format and requirements of SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023.

The company's scrip code on BSE is 514036 and its symbol on NSE is LOYALTEX.