Latest news about Loyal Equipments
Loyal Equipments
160.65
-0.65(-0.40%)
Company Performance:
View Company Insights1D-0.40%
1M-5.31%
6M-22.13%
1Y-39.23%
5Y+460.73%
More news about Loyal Equipments
17Nov 25
Loyal Equipments Secures Rs. 7.61 Crore Order from Indian Oil Corporation
Loyal Equipments Limited has received a purchase order worth Rs. 7.61 crores from Indian Oil Corporation Limited (IOCL) for supplying Air Fin Cooler Assembly to IOCL's Mathura Refinery. The project has an execution timeline of 8 months. This order strengthens Loyal Equipments' position in the industrial equipment sector and its relationship with a major player in the oil and gas industry.
03Oct 25
Loyal Equipments Limited Secures Unanimous Approval for All Resolutions at 18th AGM
Loyal Equipments Limited conducted its 18th Annual General Meeting on September 30, 2025, via video conferencing. The meeting saw a 73.04% shareholder turnout with 7,880,572 votes cast. All nine resolutions passed unanimously, including approval of financial statements, dividend declaration, board appointments, and auditor appointment. Key appointments included the re-appointment of Mr. Alkesh Rameshchandra Patel as Managing Director and the regularization of three new Independent Directors. The company reported strong shareholder support and participation.
01Oct 25
Loyal Equipments Limited Approves ₹1 Dividend and Reshapes Leadership at 18th AGM
Loyal Equipments Limited held its 18th AGM on September 30, 2025, approving key resolutions. The company declared a final dividend of ₹1.00 per equity share for FY 2024-25. Mr. Alkesh Rameshchandra Patel was reappointed as Managing Director for five years. Three new Independent Directors - Mr. Vikas Sharma, Mr. Pradeep Kumar Agarwal, and Mr. Sharad Vyas - were welcomed to the board. Mrs. Hema Maheshkumar Patel was appointed as Whole-Time Director. M/s MSV & Associates were appointed as Secretarial Auditors for five years. The virtual AGM saw participation from 38 members representing 80,57,648 equity shares.
04Sept 25
Loyal Equipments Announces Rs. 1 Per Share Dividend, Sets Record Date for 18th AGM
Loyal Equipments has declared a final dividend of Rs. 1.00 per equity share for FY 2024-25, subject to shareholder approval. The company scheduled its 18th AGM for September 30, 2025, via video conferencing. Significant board changes include the re-appointment of Mr. Alkesh Rameshchandra Patel as Managing Director, appointment of Mrs. Hema Maheshkumar Patel as Whole-Time Director, and three new Non-Executive Independent Directors. The company also reconstituted key committees and appointed new internal and secretarial auditors.
11Aug 25
Loyal Equipments Reports 70% Jump in Q1 Net Profit Despite Flat Revenue
Loyal Equipments Limited achieved a significant 70% year-over-year increase in net profit after tax, reaching Rs. 101.32 lakhs in Q1. The company's total income from operations remained flat at Rs. 1158.00 lakhs. Net profit before tax rose by 31% to Rs. 100.95 lakhs. Earnings per share improved to Rs. 0.94 from Rs. 0.58 in the same quarter last year. The equity share capital stayed constant at Rs. 1079.00 lakhs. These results indicate improved operational efficiency and effective cost management strategies.
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