Voting Results along with Scrutinizer''s Report of the Meeting of Equity Shareholders convened pursuant to the order passed by Hon''ble NCLT.
AYMSYNTEX · price
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AYM Syntex Limited held a shareholders' meeting on May 25, 2026, convened by order of NCLT Mumbai Bench, to vote on the Scheme of Amalgamation of Mandawewala Enterprises Limited (Transferor Company) with AYM Syntex Limited (Transferee Company). The resolution was overwhelmingly approved with 99.9999% votes in favour (40,799,172 votes) versus only 10 votes against out of 40,799,182 valid votes cast. Promoter group voted unanimously in favour holding 38,604,789 shares. Public shareholders also approved with 2,194,383 votes in favour (99.9999%) against just 10 votes. The scheme now awaits final sanction from NCLT.
Near-unanimous shareholder approval signals strong confidence in the amalgamation. This consolidation with Mandawewala Enterprises may create operational synergies and expand AYM Syntex's business footprint. The stock could see positive re-rating once NCLT grants final approval and the amalgamation is completed.