Loyal Textile Mills Limited at the board of directors meeting held on August 8, 2022 appointed Mr. Lakshmi Narayanan as an additional director (Non-executive independent) of the company for a term five years. Shri Lakshmi Narayanan is a technology industry professional, with over 30 years of experience in Europe, India, and the United States. His leadership experience includes corporate governance, customer relationship management, and organization strategy. As a founding member of Cognizant, he had been responsible for providing leadership for the company's high-touch customer relationship and delivery excellence model. In his role as the Vice Chairman of Cognizant, prior to his retirement, he guided strategic programs around customer advocacy, education, training, and leadership development. He is a past chairman of NASSCOM and was a member of the Board of U.S. India Business Council. Shri Lakshmi Narayanan has received awards and recognition from the industry, media, and academia. He is an alumnus of Bangalore University and the Indian Institute of Science, Bangalore and has pursuits in inclusive growth, education, and non-profits through Cognizant Foundation and other institutions, like the United Way. His focus on higher education includes Institutions like the Chennai Mathematical Institute, as a Director, Thiagarajan School of Management, as a Director and the ICT Academy as its Chairman.
He is Passionate about promoting entrepreneurship. In addition of making a number of investments, he is active TiE, Chennai and The Chennai Angels. He serves in the board of TVS Capital Funds, Sriram Capital and Kasturi & Sons Digital Venture.