Proceedings of meeting of Unsecured Creditors of the Company pursuant to the order of Hon''ble NCLT.
AYMSYNTEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
AYM Syntex Limited held a meeting of its Unsecured Creditors on May 25, 2026, convened under an NCLT order dated April 6, 2026. The meeting was conducted via video conferencing to consider and approve a Scheme of Amalgamation where Mandawewala Enterprises Limited (Transferor Company) would merge into AYM Syntex Limited (Transferee Company). The meeting was chaired by Ms. Mala Todarwal, appointed by the NCLT, and a Practicing Company Secretary served as Scrutinizer. Electronic voting was provided to creditors, and the meeting concluded at 4:15 PM. The scheme is being pursued under Sections 230-232 of the Companies Act, 2013.
The filing indicates an ongoing corporate restructuring via amalgamation under NCLT supervision. The scheme still requires NCLT approval after creditor voting. This is a significant corporate action that could impact the company's capital structure and shareholder value.