
Merger25 May 2026, 08:31 pm
AYM Syntex: Equity Shareholders Approve Amalgamation Scheme
AI Summary
AYM Syntex Ltd held a meeting of equity shareholders on May 25, 2026, pursuant to an order from the Hon'ble NCLT, Mumbai Bench, to consider and approve the Scheme of Amalgamation of Mandawewala Enterprises Limited with AYM Syntex Limited. The meeting, conducted via video conferencing, was chaired by Ms. Mala Todarwal. Shareholders approved the scheme under Sections 230 to 232 of the Companies Act, 2013. E-voting was available, and the meeting concluded with a vote of thanks.
Key Highlights
- Equity shareholders' meeting held on May 25, 2026, via video conferencing.
- Meeting convened pursuant to NCLT order for Scheme of Amalgamation.
- Shareholders approved the Scheme of Amalgamation of Mandawewala Enterprises Limited with AYM Syntex Limited.
- E-voting facility was provided to equity shareholders.
- Ms. Mala Todarwal chaired the meeting.
Price Impact
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