About
Basic Data Updated:
7 days agoThe business of production of cotton yarn, knitted and woven fabrics and garments is carried out by Loyal Textile Mills Limited, as stated in its credit rating report. This company is the flagship of the renowned Loyal Group, which was established by the Late Mr. Karumuttu Thiagaraja Chettiar. LTML has a widespread presence with its manufacturing facilities located in five different locations. These facilities have a combined capacity of 1,35,456 ring spindles, 5,024 rotors, 235 knitting machines, 428 automatic looms, and 1,628 sewing machines. Additionally, LTML has the capability to produce 24,000 MT per annum of hosiery cloth and process 51 million meters of cloth per annum.
Industry
Company Details
- Location
Tuticorin, Tamil Nadu, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | L17111TN1946PLC001361 |
| Company No. | 001361 |
| Stock Symbol | BSE : 514036 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 09 Apr 1946 |
| Date of AGM | 27 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Listed |
| ROC Code | Roc Chennai |
Products or Services related to Loyal Textile Mills Limited
Fire Safety Wear
Men Jackets
Safety Equipment
Industrial Yarn
Financials of Loyal Textile Mills Limited
Loyal Textile Mills Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.49% increase. The company also saw a substantial improvement in profitability, with a 231.65% increase in profit. The company's net worth Soared by an impressive increase of 35.13%.
Enhance accessibility to Loyal Textile Mills's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Loyal Textile Mills's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Loyal Textile Mills Limited
Unlock and access historical data on people associated with Loyal Textile Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
MP
Mahadevan P
Company SecretaryAppointment Date: 20-Jun-2018
Status: Current
VA
Vellangiri Arunachalam CEOAppointment Date: 30-Mar-2018
Status: Current
GK
Ganapathi Krishnamurthy CFOAppointment Date: 23-Aug-2017
Status: Current
Board Members(10)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Idbi Bank Limited Creation Date: 20 Apr 2023 | ₹75.00 Cr | Open |
Hdfc Bank Limited Creation Date: 28 Dec 2021 | ₹125.00 Cr | Open |
Others Creation Date: 14 Mar 2019 | ₹70.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Loyal Textile Mills, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Loyal Textile Mills's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alert
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Related Corporates (Common Directorship)
The Cotton Textiles Export Promotion Council
Active
69 years 7 months Vishala Ramswami is a mutual person
Recent activity within the organization
Annual General Meeting
Loyal Textile Mills Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
27 Sep 2023Charges
A charge registered on 21 Dec 2016 via Charge ID 100066664 with Idbi Bank Limited was fully satisfied on 20 Jul 2023.
20 Jul 2023Charges
A charge with Idbi Bank Limited amounted to Rs. 75.00 cr with Charge ID 100704808 was registered on 20 Apr 2023.
20 Apr 2023Charges
A charge with Hdfc Bank Limited of Rs. 125.00 cr registered on 28 Dec 2021 with Charge ID 100522280 was modified on 12 Apr 2023.
12 Apr 2023Charges
A charge with Others of Rs. 70.00 cr registered on 14 Mar 2019 with Charge ID 100247309 was modified on 12 Apr 2023.
12 Apr 2023
Recent News, Updates & Announcement
- Loyal Textile Mills Outcome of board meeting.
Loyal Textile Mills has informed that M Arumugam Company Secretary of the Company has submitted his resignation to the Company from the position of Company Secretary and Compliance Officer The Company has accepted his resignation in the Board Meeting held on February 09 2017.
Moneycontrol 09 Feb 2017
Frequently asked questions
What is the Incorporation or founding date of Loyal Textile Mills Limited?
