Proceedings of the meeting of Equity Shareholders of the Company pursuant to the order of Hon''ble NCLT.
AYMSYNTEX · price
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AYM Syntex Ltd held a shareholder meeting on May 25, 2026, as ordered by the Honble NCLT Mumbai Bench. The meeting was conducted via video conferencing and shareholders voted on a Scheme of Amalgamation where Mandawewala Enterprises Limited (Transferor Company) will merge into AYM Syntex Limited (Transferee Company). The meeting was chaired by Ms. Mala Todarwal, appointed by NCLT, and Mr. Hitesh Gupta served as Scrutinizer. Electronic voting facilities were provided for shareholders to cast their votes. The meeting concluded at 12:15 PM IST after the voting period opened for 15 minutes. This is a standard amalgamation process under Sections 230-232 of the Companies Act, 2013, requiring NCLT approval.
This amalgamation represents a corporate restructuring that could affect AYM Syntex shareholder value depending on the valuation and exchange ratio. Shareholders should monitor for the scheme approval outcome and any subsequent filing detailing the amalgamation terms and share exchange ratio.