Independent Director Dr. Subrahamaniya Sivam Appointed with Effect from 22 September 2026
Dr. Subrahamaniya Sivam (DIN: 02393209) has been appointed as an Independent Director with effect from 22nd September 2026.
By ScoutQuest · · 1 min read
- Director Name
- Dr. Subrahamaniya Sivam
- DIN
- 02393209
- Position
- Independent Director
- Effective Date
- 22nd September 2026
- Approval Method
- e-voting at AGM held on 22nd September 2026
What was announced
Loyal Textile Mills has informed the stock exchanges that Dr. Subrahamaniya Sivam (DIN: 02393209) was appointed as an Independent Director of the company with effect from 22nd September 2026.
How it was approved
- The appointment was approved by the members (shareholders) at the Annual General Meeting held on 22nd September 2026.
- Approval was obtained through the prescribed e-voting process.
- The company states the appointment was already disclosed to the exchanges as part of the AGM proceedings.
Why a separate letter
The company says it is submitting this intimation separately as an abundant measure of caution and to ensure complete regulatory compliance, addressed to both BSE (Scrip Code 514036) and NSE (Symbol LOYALTEX).
What it means for investors
This is a board composition and governance update. Independent Directors are non-executive members expected to bring objective oversight to the board and its committees. The update records the completion of a shareholder-approved appointment and does not deal with the company's operations, revenues or financial performance.
Also from Loyal Textile Mills
Non-Executive Director redesignated as Whole-Time Director from 1 October 2026
25 Sep 2026
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