Voting Results along with Scrutinizer''s Report of the Meeting of Unsecured Creditors convened pursuant to the order passed by Hon''ble NCLT.
AYMSYNTEX · price
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AYM Syntex Limited held an NCLT-convened meeting of Unsecured Creditors on May 25, 2026 for the Scheme of Amalgamation of Mandawewala Enterprises Limited (Transferor Company) into AYM Syntex Limited (Transferee Company). The meeting was held via video conferencing as per NCLT Mumbai Bench order dated April 6, 2026. Out of 1,125 total unsecured creditors on the cut-off date (September 30, 2025), 52 attended and 54 voted (including some who had already cast remote e-votes prior to the meeting). The resolution to approve the scheme passed with 100% favor — 52,62,35,489 votes in favor and zero votes against. No invalid votes were recorded. The scheme is now subject to final NCLT sanction and other regulatory approvals before it becomes effective.
The scheme of amalgamation has cleared a key hurdle with unanimous creditor approval. Once sanctioned by the NCLT, it will result in Mandawewala Enterprises Limited merging into AYM Syntex Limited, consolidating the businesses and likely impacting the company's financials and share capital structure.