Loyal Textile Mills Ltd Company History

Delist from the Delhi Stock Exchange with effect from December 11, 2004.

Loyal Textile Mills Ltd has appointed Mr R Poornalingam as a Director of the Company with effect from October 27, 2006.

Recommended a dividend of Rs 3.90 (39%) per equity share of Rs 10/- each for the financial year.

Mr. Manikam Ramaswami has been re-appointed as Chairman & Managing Director.

Mr. Sreedhar Subramanian has been inducted in to the Board as an Additional Director.

The Board of Directors of the Company, has recommended a dividend of Rs 3.90 (39%) per equity share of Rs 10/- each for the financial year.

Mr. P Mannivanan has been appointed as an additional Director of the Company.

The Board of Directors of the Company, have recommended a dividend of Rs. 3.00 (30%) per equity share of Rs. 10 each.

Mr. P I Murugappan has been appointed as Chief Financial Officer.

The shareholders of M/s Loyal Textile Mills Limited unanimously approved the amalgamation of Ms. Shri Chintamani Textile Mills Limited with M/s Loyal Textile Mills Limited in the Court Convened Meeting as directed by the Honorable High Court of Madras Judicature.

The Board of Directors of the Company, has declared an Interim Dividend of 100% i.e. Rs. 10 per each equity share.

The Board of Directors of the Company, has recommended a final dividend of Rs. 1.00/- (10%) per equity share of Rs. 10/- each.

Mr. M. Arumugam has been appointed as Company Secretary and Compliance Office.

Loyal Textile Mills Ltd has recommended a Final Dividend of Rs. 5/- (50%) per equity shares of Rs. 10/- each.

Mr. R. Mohan has been appointed has been as Chief Financial Officer of the Company.

Loyal Textile Mills Ltd has recommended a Final Dividend of Rs. 7.50/- (75%) per Equity Shares of Rs. 10/- each.

Gold Plague for the largest exporter of processed cotton yarn for the year 2018-19 under category I.

Gold trophy for 2018-19 for being the Highest Women Employment Generation in the country.