
Auditor12 Jan 2026, 01:17 pm
Loyal Textile Mills Ltd. Submits Overdue Resignation Letter of COO to BSE
AI Summary
Loyal Textile Mills Ltd. has submitted the resignation letter of its Chief Operating Officer (COO), Mr. R.M. Shanmugam, to the Bombay Stock Exchange (BSE) on January 12, 2026. The resignation letter, dated October 9, 2025, was not submitted within seven days of the resignation taking effect due to the unavailability of the letter from the separated employee. The company has assured its commitment to comply with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Loyal Textile Mills Ltd. submits overdue resignation letter of COO to BSE
- The resignation letter was not available within seven days of resignation taking effect
- The resignation letter is now submitted on January 12, 2026
- Company reiterates its commitment to comply with SEBI regulations
Price Impact
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