AYM Syntex to set up wholly owned subsidiary in the US
AYMSYNTEX · price
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On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 2.4 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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On September 3, 2025, AYM Syntex's board approved setting up a 100 percent owned subsidiary in the United States, focused on textiles and apparels. It will be funded with cash. The subsidiary's name, capital amount, business plans and expected financial impact were not disclosed; further details will follow after incorporation.
The subsidiary may support expansion in the US, but no funding amount, revenue target or earnings impact has been disclosed.