Loyal Textile Mills Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Loyal Textile Mills' Board has concluded its meeting, approving several key decisions. The 79th Annual General Meeting (AGM) is scheduled for September 26, 2025, to be held via video conferencing. The Board approved the appointment of Mohan Kumar & Associates as Secretarial Auditors for a five-year term, subject to shareholder approval. A significant strategic move includes the approval to sell the company's units located in Menakur Village (Andhra Pradesh) and Arasanur (Tamil Nadu), which also requires shareholder approval at the upcoming AGM. These important proposals will be presented to shareholders.