Proceedings of the meeting of Unsecured Creditors of the Company pursuant to order of Hon''ble NCLT.
AYMSYNTEX · price
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AYM Syntex Limited held a meeting of its Unsecured Creditors on May 25, 2026 via video conferencing. The meeting was convened pursuant to an NCLT Mumbai Bench order dated April 6, 2026. The agenda was to consider and approve 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 was provided to creditors, and the meeting concluded within 15 minutes at 4:15 PM.
This is a routine corporate restructuring exercise under the Companies Act, not an insolvency proceeding. If the amalgamation is approved, it will consolidate Mandawewala Enterprises into AYM Syntex, potentially affecting the combined entity's financial position and shareholding structure.