Loyal Textile Mills Limited Announces Postal Ballot for Material Related Party Transaction Approval
Loyal Textile Mills Limited has issued a postal ballot notice seeking shareholder approval for material related party transactions with Gruppo P&P Loyal S.p.A for FY 2026-27, expected to exceed 10% of consolidated turnover. The e-voting process runs from March 01-30, 2026, with results on March 31, 2026. The Audit Committee and Board have recommended the transactions as commercially beneficial to the company.
