Proceedings of the 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 via video conferencing, convened under an NCLT order dated April 6, 2026. The meeting was chaired by Ms. Mala Todarwal (appointed by NCLT) and focused on obtaining approval for a Scheme of Amalgamation where Mandawewala Enterprises Limited (Transferor Company) will merge into AYM Syntex Limited (Transferee Company). The meeting was conducted under Sections 230-232 of the Companies Act, 2013. A scrutinizer was present, and electronic voting was provided to unsecured creditors for 15 minutes after the meeting concluded at 4:15 PM IST.
If the amalgamation is approved by creditors and subsequently by NCLT, AYM Syntex will absorb Mandawewala Enterprises, potentially expanding the company's scale and operations. Shareholders should monitor for further regulatory approvals and final NCLT sanction.