Voting Results along with Scrutinizer''s Report of the Meeting of the Equity Shareholders convened pursuant to the order passed by Hon''ble NCLT.
AYMSYNTEX · price
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AYM Syntex Limited held an NCLT-convened shareholder meeting on May 25, 2026 to approve the Scheme of Amalgamation of Mandawewala Enterprises Limited (Transferor Company) with AYM Syntex Limited (Transferee Company). The meeting was ordered by the Hon'ble NCLT Mumbai Bench via order dated April 6, 2026. Shareholders voted overwhelmingly in favor of the amalgamation, with 40,799,172 votes (99.9999%) in favor and only 10 votes against out of 40,799,182 total votes cast. Promoter group held 38,604,789 shares (100% voted in favor), while public shareholders also approved the scheme with near-unanimous support. The resolution is a Special Resolution passed under Sections 230-232 of the Companies Act, 2013 and now awaits NCLT sanction for final implementation.
Shareholders have approved the amalgamation with near-unanimous support. The scheme now moves to NCLT for final sanction. Once approved, Mandawewala Enterprises Limited will merge into AYM Syntex, which could expand the company's scale and operations. Investors should monitor for the final NCLT order and any regulatory approvals required for completion.