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Loyal Textile approves scheme of amalgamation
Sep '10
Loyal Textile Mills Ltd announced that the Board of Directors of the Company at its meeting held on September 17, 2010, discussed the matter relating to the amalgamation / merger of SHRI CHINTAMANI TEXTILE MILLS LTD with Loyal Textile Mills Ltd.

The Board has in principle accorded its consent for amalgamation and to proceed further in the matter.

Committed to philanthropy and socio-environmental development, Loyal Group is a multi-faceted organization, providing an array of products and services for textile and apparel industries. In more than its seven decades of establishment, the Group has created several benchmarks and established milestones for the forthcoming generations.

Loyal Textile Mills Ltd

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