AYM Syntex Limited
Incorporated in 1985, AYM SyntexLtd is a manufacturer and exporterof Polyester Filament Yarn, NylonFilament Yarn and Bulk, ContinuousFilament Yarn
What AYM files
- Others66
- Important19
- JV/Acquisition10
- Board Meeting7
- Results7
- Updates5
AYM Syntex's unsecured creditors have overwhelmingly approved the merger with Mandawewala Enterprises Limited. The scheme aims to combine the two entities, with creditors representing an outstanding amount of INR 52.62 Crore casting 100% of their votes in favor. This is a crucial step towards the amalgamation. The merger now awaits...
AYM Syntex shareholders have overwhelmingly approved the amalgamation scheme with Mandawewala Enterprises Limited. Over 99.99% of total votes cast by shareholders were in favor of the merger. This approval is a key step towards combining the two entities, which still requires final sanction from the National Company Law Tribunal (NCLT)....
AYM Syntex's unsecured creditors met, per an NCLT order, to consider and vote on the Scheme of Amalgamation. This plan involves Mandawewala Enterprises Limited merging with AYM Syntex Limited. The meeting chairperson briefed attendees on the merger's purpose before creditors cast their votes electronically. This is a critical step in...
AYM Syntex shareholders have given the green light to the amalgamation scheme with Mandawewala Enterprises Limited. This strategic move, where Mandawewala Enterprises will merge into AYM Syntex, follows a meeting held under National Company Law Tribunal directions. While the specific rationale for the merger (like synergy or scale expansion), any...
AYM Syntex is merging with Mandawewala Enterprises (MEL) to streamline its shareholding structure and cut compliance costs. MEL, currently AYM's parent, holds ~62.71% of AYM's equity. Post-merger, MEL's shareholders will directly receive AYM shares, effectively transferring their indirect stake to direct ownership. This means no change in promoter or public...