Management Change12 Nov 2026, 07:10 pm
Loyal Textile Mills Appoints Nambi Arooran as CFO
AI Summary
Loyal Textile Mills Ltd has appointed Mr. Nambi Arooran as the new Chief Financial Officer (CFO) of the company. The decision was recommended by the Nomination and Remuneration Committee and approved by the Board of Directors on November 12, 2026. Mr. Arooran is a Chartered Accountant with 24 years of experience in finance, costing, MIS, management accounting, internal control systems, ERP implementation, and project evaluation across various manufacturing industries including textiles. His appointment is effective from November 14, 2026.
Key Highlights
- Nambi Arooran appointed as Chief Financial Officer.
- Appointment approved by the Board of Directors.
- Mr. Arooran brings 24 years of extensive financial experience.
- He has expertise in diverse manufacturing sectors.
- Effective date of appointment is November 14, 2026.
Price Impact
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