Loyal Textile Mills Limited (LOYALTEX.NS) NSE

216.05

-3.95(-1.80%)

Updated at June 02 03:15PM

Currency In INR

Loyal Textile Mills Limited

Address

21/4, Mill Street

Kovilpatti, 628501

India

Phone

91 46 3222 0001

Sector

Consumer Cyclical

Industry

Apparel - Manufacturers

Employees

1854

First IPO Date

August 11, 2022

Key Executives

NameTitlePayYear Born
N. SrinivasanChief Executive Officer8.13MN/A
V. RajeshCompany Secretary & Compliance officer1.09M1980
U. ThennappanChief Financial Officer1.61MN/A
Muthu Elumalai ManivannanSenior Vice President of Operations & Whole Time Director3.21MN/A
Valli RamaswamiChairperson6.72M1961

Description

Loyal Textile Mills Limited manufactures and sells yarn, woven fabric, knitted fabric, and technical clothing for the textile and apparel industries in India. The company operates through two segments, Manufacturing and Trading. It offers yarn products, such as raw white, melange, and specialty yarns; a range of fabric products including cotton, polyester blended, modal/tencal blended, viscose, and elastane fabrics; and garment products comprising corporate and work wear, hospital garments, hotel garments, and protective garments. The company provides home textile products, including special stiches comprising merrowing, picotting, double needle, self hem, self piping, reverse hem, reverse piping and jacquard hem; special finishes comprising down proof, crease resistant, calendaring, silicon finish, and bio-polish finish; and organic cotton, as well as face masks and personal protective equipment kits. It also exports its products to Asia, Europe, the Americas, and internationally. The company was incorporated in 1946 and is based in Kovilpatti, India.