Loyal Textile Mills Limited has disclosed the resignation of Mr. U Thenappan from the position of Chief Financial Officer of the Company. The disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Nature of Event
Management change due to resignation of Chief Financial Officer.
Key Details
- Reason for resignation: Personal reasons
- Effective date of cessation: November 14, 2026 (closing hours)
- Key Managerial Personnel: Mr. U Thenappan, Chief Financial Officer
- Type of change: Resignation
Additional Information
The resignation letter from Mr. U Thenappan was addressed to the Board of Directors at the company's registered office: 21/4, Mill Street, Kovilpatti - 628501. In his resignation, Mr. Thenappan expressed gratitude for the opportunity to serve and contribute to the company's financial stewardship and strategic objectives.
The disclosure was signed by Dr. V. Rajesh, Company Secretary (Membership No. F9213) on November 12, 2026, at 18:44:02 IST.
Financial Impact
No financial impact quantified in the disclosure.