Loyal Equipments Limited has announced the receipt of a substantial purchase order worth Rs.6.54 crores from Burckhardt Compression (India) Pvt. Ltd. The order involves the supply of Compressor Skid Packages and is scheduled for completion within 7 months.

Order Details and Specifications

The company disclosed comprehensive details of the contract under Regulation 30 of SEBI (LODR) Regulations, 2015. The following table outlines the key parameters of the order:

Regulatory Compliance and Disclosure

Loyal Equipments Limited made this announcement on April 1, 2026, in compliance with SEBI regulations. The disclosure was made pursuant to Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that:

• The promoter/promoter group/group companies have no interest in the entity awarding the order
• The contract does not fall within related party transactions
• The order has been awarded by a domestic entity

Company Profile and Certifications

Loyal Equipments Limited operates from its registered office and works located at Block No. 33,34,35/1-2-3-4-5, Village-Zak, Ta.- Dahegam, Dist.- Gandhinagar-382330, Gujarat. The company holds several important certifications that underscore its manufacturing capabilities:

• ISO 9001:2015 Certified for quality management systems
• ASME U, U2, R & NB Certified for pressure vessel and boiler manufacturing

Strategic Significance

This order represents a significant addition to Loyal Equipments Limited's order book and demonstrates the company's established presence in the industrial equipment manufacturing sector. The 7-month execution timeline indicates a substantial project scope, while the domestic nature of the order reflects the company's strong positioning in the Indian market.

The contract with Burckhardt Compression (India) Pvt. Ltd., a Pune-based entity, expands Loyal Equipments' client base and showcases its capabilities in manufacturing specialized compressor equipment packages.

Loyal equipments Limited has announced a significant leadership change with the resignation of its Chief Executive Officer, Mr. Rishi Roop Kapoor, effective February 28, 2026. The company informed BSE Limited about this development through a formal communication dated March 06, 2026, in compliance with SEBI regulations.

Resignation Details

Mr. Rishi Roop Kapoor submitted his resignation letter on January 28, 2026, requesting relief from his duties as CEO and Key Managerial Personnel. The resignation becomes effective from the close of business hours on February 28, 2026. According to the company's disclosure, Mr. Kapoor decided to step down to pursue other professional and personal interests.

BSE Query Response

Following the original announcement, BSE Limited raised a query regarding the submission of additional details and the delay in intimating the resignation within 24 hours of the effective date. In response, Loyal Equipments Limited submitted comprehensive details on March 09, 2026, addressing the exchange's concerns about compliance with Regulation 30 requirements.

The company provided mandatory disclosure details as required under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Company Secretary Neha Jangid signed the response communication, ensuring proper documentation of all required particulars.

Mandatory Disclosure Compliance

The company submitted detailed information in tabular format addressing all regulatory requirements:

Company's Response

Loyal Equipments Limited has confirmed that it received assurance from Mr. Kapoor that there are no material reasons for his resignation other than those mentioned in his resignation letter. The company emphasized that the decision was driven by personal reasons and circumstances requiring his time and attention.

In his resignation letter, Mr. Kapoor expressed gratitude for the trust and support extended during his tenure, describing it as "an absolute honor & privilege to lead the team." He acknowledged working alongside the dedicated leadership team and expressed confidence in the company's continued growth and success.

Regulatory Compliance

The resignation disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The additional submission directly responds to BSE's query and ensures full compliance with exchange requirements. The company has initiated the process of appointing a suitable candidate for the CEO position and will inform stock exchanges about the new appointment in due course.