Loyal Textile Mills Independent Director Gokul S Dixit retires
Loyal Textile Mills (BSE: LOYALTEX) said Gokul S Dixit, Independent Director, has retired. The company is valued at about ₹105 crore.
What happened
Loyal Textile Mills (BSE: LOYALTEX) informed the stock exchanges on 4 November 2026 at 10:22 AM that Gokul S Dixit, Independent Director, has retired.
Company snapshot
Loyal Textile Mills is a micro-cap company, with a market value of about ₹105 crore.
The stock last traded at ₹217.8, against a 52-week range of ₹170–₹334 (34.8% below the high).
Before this filing the shares had moved −1.6% over the month and +3.1% over three months. Average daily turnover over the last 20 sessions was about ₹0.01 crore.
Promoters held 73.49% at the end of Q1 FY27.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 135 | -17 | -35.32 |
| Q2 FY26 | 107 | -11.3 | -23.55 |
| Q3 FY26 | 105 | -12.2 | -25.35 |
| Q4 FY26 | 82 | -24.1 | -50.08 |
| Q1 FY27 | 86 | -1.5 | -3.11 |
What history shows
This is not the company's first management change disclosure: BCEIE has 4 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 2.5% on average the next trading day and was down 3.7% on average after five days (4 filings with price data).
Market-wide, 4,237 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 25 Sept 2026 | Change in Director(s) of the company. | −5.5% | −7.8% |
| 24 Sept 2026 | Intimation regarding appointment of Independent Director… | −3.9% | −10.3% |
| 10 Jun 2026 | Resignation of Director/KMP/SMP | −0.2% | +1.7% |
| 10 Jun 2026 | Management change | −0.2% | +1.7% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.