Loyal Textile Mills MD, chairman, board of directors and AGM
NSE: LOYALTEXBSE: 514036Textiles & ApparelsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹206.00.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹104 Cr2,890th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 28 May 2026
- 0.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 14 Aug 2026
- −20.8%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹7.50 crore of one-off items, the largest of them in the quarter to Mar 2026.
- −17.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Aug 2026
- −7.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 28 May 2026
- 1.06
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 30098.7% delivered
Loyal Textile Mills board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonVALLI M RAMASWAMI
- Company Secretary and Compliance OfficerDr.V.Rajesh
10 directors6 independent2 executive2 non-executive
- VALLI M RAMASWAMI · ChairpersonExecutive · joined Feb 2015 · reappointed Apr 2023 · 0 months as independent · 1 listed board
- VISHALA RAMSWAMINon-executive · joined Jan 2025 · reappointed Jan 2025 · 0 months as independent · 1 listed board
- M.E. MANIVANNANExecutive · joined Dec 2021 · reappointed Feb 2022 · 0 months as independent · 1 listed board · 1 committee seat
- B VAIDYANATHANNon-executive · joined Dec 2017 · reappointed Sep 2018 · 0 months as independent · 1 listed board
- VIJAYALAKSHMI RAOIndependent · joined Sep 2017 · reappointed Oct 2022 · 35 months as independent · 1 listed board · 1 as independent · 1 committee seat
- R KANNANIndependent · joined Nov 2020 · reappointed Nov 2023 · 22 months as independent · 1 listed board · 1 as independent · 1 committee seat
- LAKSHMI NARAYANANIndependent · joined Aug 2022 · reappointed Aug 2022 · 37 months as independent · 1 listed board · 1 as independent
- GOKUL S DIXITIndependent · joined Nov 2022 · reappointed Sep 2025 · 34 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 1 as chair
- K KUMARANIndependent · joined Oct 2023 · reappointed Oct 2023 · 23 months as independent · 1 listed board · 1 as independent
- SUBRAHMANIYA SIVAM RIndependent · joined Sep 2026 · reappointed Sep 2026 · 60 months as independent · 2 listed boards · 2 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 14 Aug 20267 of 9 present3 independent · 78 days in between
- 27 May 20267 of 9 present4 independent
Audit Committee
Chair GOKUL S DIXIT
B VAIDYANATHAN, VIJAYALAKSHMI RAO, R KANNAN
- 14 Aug 20263 of 4 present2 independent · 78 days in between
- 27 May 20263 of 4 present2 independent
Nomination and remuneration committee
Chair VIJAYALAKSHMI RAO
B VAIDYANATHAN, GOKUL S DIXIT
- 14 Aug 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair B VAIDYANATHAN
GOKUL S DIXIT, M.E. MANIVANNAN
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair VIJAYALAKSHMI RAO
R KANNAN, M.E. MANIVANNAN
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- Brahmayya & Co.Peer-review certificate valid to Apr 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Loyal Textile Mills AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Loyal Textile Mills dividend history
Annual general meeting, 22 Sep 2026
3,539 shareholders on the register on 15 Sep 2026; present: 16 promoters and 6 others; votes counted by S Harikrishnan / S Harikrishnan.The company's voting result (opens in a new tab)
Adoption of the Audited Standalone and Consolidated Financial Statements of the company for the Financial Year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 71.21% · promoters 94.46% · institutions 0.00% · other public 6.77%
- To appoint a director in place of Mrs. Vishala Ramswami (DIN: 06867899), liable to retire by rotation and being eligible offers herself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 71.21% · promoters 94.46% · institutions 0.00% · other public 6.77%
- Ratification of Remuneration to the Cost AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 71.21% · promoters 94.46% · institutions 0.00% · other public 6.77%
- Re-appointment of Mr.Muthu Elumalai Manivannan (DIN: 02229808) as Whole Time Director for another term of 5 years periodSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 71.21% · promoters 94.46% · institutions 0.00% · other public 6.77%
- Re-appointment of Mr K Kumaran having DIN: 00801146 as an Independent Director for five years for second termSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 71.21% · promoters 94.46% · institutions 0.00% · other public 6.77%
- Appointment of Dr.Subrahmaniya Sivam Ramamurthy having DIN:02393209 to appoint as Independent Director for five years for first term.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 71.21% · promoters 94.46% · institutions 0.00% · other public 6.77%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 30 Mar 2026, 1 resolution
3,673 shareholders on the register on 27 Feb 2026; votes counted by S Harikrishnan / S Harikrishnan.The company's voting result (opens in a new tab)
- Material Related Party Transactions between The Loyal Textile Mills Limited with Gruppo P&P Loyal SPAOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.53%
Turnout: all 71.18% · promoters 94.46% · institutions 95.47% · other public 0.02%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 26 Sep 2025, 8 resolutions
3,533 shareholders on the register on 19 Sep 2025; present: 18 promoters and 2 others; votes counted by S HARIKRISHNAN / S HARIKRISHNAN.The company's voting result (opens in a new tab)
The Audited Standalone Financial Statements of the company for the financial year ended March 31, 2025 together with the Report of the Board of Directors and Auditors thereon and The Audited Consolidated financial statements of the company for the financial year ended March 31, 2025 together with the Report of Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.05% · promoters 99.98% · institutions 0.00% · other public 17.30%
- To appoint a Director in place of Mr.B Vaidyanathan (DIN:00263983), liable to retire by rotation and being eligible offers himself for re-appointmentOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 78.05% · promoters 99.98% · institutions 0.00% · other public 17.30%
- Appointment of Mr.Gokul S Dixit (DIN: 00357170) as an Independent Director for a period of one yearSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 78.05% · promoters 99.98% · institutions 0.00% · other public 17.30%
- Appointment of Secretarial Auditor - Messers Mohan Kumar Associates, Practicing Company Secretaries, ChennaiOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 78.05% · promoters 99.98% · institutions 0.00% · other public 17.30%
- Ratification of Remuneration to the Cost AuditorOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 78.05% · promoters 99.98% · institutions 0.00% · other public 17.30%
- Approval of Material Related Party Transactions with Gruppo P and P Loyal SPAOrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 64.53% · promoters 81.58% · institutions 0.00% · other public 17.30%
- Sale of Unit at Andhra Pradesh as an UndertakingSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 78.05% · promoters 99.98% · institutions 0.00% · other public 17.30%
- Sale of Unit as an Undertaking at Sivaganga TamilnaduSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 78.05% · promoters 99.98% · institutions 0.00% · other public 17.30%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 25 Feb 2025, 1 resolution
3,729 shareholders on the register on 17 Jan 2025; votes counted by MS. C.ANURADHA / M/s. B CHANDRA & ASSOCIATES.The company's voting result (opens in a new tab)
- Approval for Appointment of Ms.Vishala Ramswami (06967899) as Non-Executive Non-Independent Director of the CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 75.24% · promoters 99.98% · institutions 0.00% · other public 6.65%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 23 Sep 2024, 3 resolutions
Present: 14 promoters and 3 others.The company's voting result (opens in a new tab)
- Adoption of the Audited Standalone and Consolidated Financial Statements of the Company for the year ended 31st March 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 75.38% · promoters 99.98% · institutions 0.00% · other public 7.20%
- Mr.Madhavan Nambiar (DIN: 01122411), Director liable to retire by rotation who does not offer himself for re-appointmentOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.39%
Turnout: all 75.38% · promoters 99.98% · institutions 0.00% · other public 7.20%
- Ratification of remuneration to the Cost AuditorOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.39%
Turnout: all 75.38% · promoters 99.98% · institutions 0.00% · other public 7.20%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 26 Dec 2023, 1 resolution
The company's voting result (opens in a new tab)
- Approval for appointment of Mr.K.Kumaran (DIN: 00801146) as Non-Executive Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.37% · promoters 99.98% · institutions 0.00% · other public 7.13%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 29 Oct 2023, 2 resolutions
The company's voting result (opens in a new tab)
- Approval for re-appointment of Ms.Vishala Ramswami (DIN 06967899) as Executive Director of the CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.37% · promoters 99.98% · institutions 0.00% · other public 7.13%
- Approval for re-appointment of Mr. R.Kannan (DIN:00366831) as an Independent Director of the Company for a second term of three consecutive yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.37% · promoters 99.98% · institutions 0.00% · other public 7.13%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 27 Sep 2023, 3 resolutions
Present: 16 promoters and 4 others.The company's voting result (opens in a new tab)
- Adoption of the Audited Standalone and Consolidated Financial Statements of the Company for the year ended 31st March 2023Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.36% · promoters 99.98% · institutions 0.00% · other public 7.12%
- Appointment of Mr. B.Vaidyanathan, Director (DIN: 00263983), who retires by rotation and being eligible offers himself for reappointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.36% · promoters 99.98% · institutions 0.00% · other public 7.12%
- Ratification of remuneration to the Cost AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.36% · promoters 99.98% · institutions 0.00% · other public 7.12%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.