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Other Textile Products
Management Change12 Nov 2026, 07:31 pm

Loyal Textile Mills Appoints Gokul S Dixit as Non-Independent Director

AI Summary

Loyal Textile Mills Ltd has appointed Mr. Gokul S Dixit as a Non-Independent Director, subject to shareholder approval. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Board of Directors on November 12, 2026. Mr. Dixit brings extensive experience in accounting, financial, and capital markets, with a background as a Chartered Accountant, CFA charter holder, and MBA from the University of Michigan. His career includes roles at Price Waterhouse Coopers and Arthur Andersen, and he has served on the Accounting Standards Board and Corporate Laws and Corporate Governance Committee of ICAI. He is also involved with the Jeevatma Kainkaryam Trust and co-founded Askhar Arbol, a K-12 International Baccalaureate school.

Key Highlights

  • Mr. Gokul S Dixit appointed as Non-Independent Director.
  • Appointment subject to shareholder approval.
  • Director has extensive experience in finance and accounting.
  • Director is not related to existing board members.