Loyal Textile Mills: Intimation of receipt of request letter from the promoter(s) seeking reclassification and Disclosures
Loyal Textile Mills (LOYALTEX) filed a disclosure titled "Intimation of receipt of request letter from the promoter(s) seeking reclassification and Disclosures". The company is valued at about ₹108 crore.
What happened
Loyal Textile Mills (LOYALTEX) filed a disclosure with the exchanges on 11 November 2026 at 11:17 AM titled "Intimation of receipt of request letter from the promoter(s) seeking reclassification and Disclosures".
Company snapshot
Loyal Textile Mills is a micro-cap company, with a market value of about ₹108 crore.
The stock last traded at ₹225, against a 52-week range of ₹170–₹334 (32.6% below the high).
Before this filing the shares had moved +0.7% over the month and −2.8% 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 5 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 1.9% on average the next trading day and was down 3.7% on average after five days (5 filings with price data).
Market-wide, 4,491 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 45% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 4 Nov 2026 | Cessation of Term of Independent Director Mr. Gokul S Dixit | +0.2% | — |
| 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.
- 12 November 2026: Board meeting — Financial Results.
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.