
Merger25 May 2026, 08:02 pm
AYM Syntex: Equity Shareholders Approve Amalgamation Scheme
AI Summary
AYM Syntex Ltd held a meeting of equity shareholders on May 25, 2026, as per the order of the Hon'ble NCLT, Mumbai Bench, to consider and approve the Scheme of Amalgamation of Mandawewala Enterprises Limited with AYM Syntex Limited. The meeting was conducted via video conferencing, and the shareholders approved the scheme under Sections 230 to 232 of the Companies Act, 2013. E-voting was available to the shareholders, 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 dated April 6, 2026.
- Shareholders approved the Scheme of Amalgamation of Mandawewala Enterprises Limited with AYM Syntex Limited.
- E-voting facility provided to equity shareholders.
- Meeting conducted under Sections 230 to 232 of the Companies Act, 2013.
Price Impact
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