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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 0.9 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
AYM Syntex Ltd has received unanimous approval (100%) from its unsecured creditors for the Scheme of Amalgamation of Mandawewala Enterprises Limited (Transferor Company) with AYM Syntex Ltd (Transferee Company). The NCLT Mumbai Bench had passed an order on April 6, 2026, directing the meeting of unsecured creditors. Out of 1,125 unsecured creditors on the cutoff date (September 30, 2025), 54 creditors participated and all voted in favor of the scheme. The total votes cast were 526,235,489 representing outstanding dues of Rs 52.54 crore. No votes were cast against the resolution and no invalid votes were recorded. The scheme is now subject to further NCLT sanction and other regulatory approvals.
The unanimous approval by unsecured creditors is a key milestone in the amalgamation process. This consolidation could expand AYM Syntex's business operations and asset base, potentially benefiting shareholders. However, the scheme still requires final NCLT sanction before implementation.