AYM Syntex Ltd

AYM Syntex Ltd has responded to a BSE query regarding the recent price movement of its equity shares. The company stated that it has made all necessary disclosures as per SEBI LODR Regulations, including all price-sensitive information, within the stipulated timelines. AYM Syntex confirmed that there is currently no undisclosed information or event that could impact the share price. The company assured continued compliance with disclosure norms and attributed the significant price movement to purely market-driven factors. They requested the exchange to take this clarification on record.

AYM Syntex Limited has issued a notice for its 43rd Annual General Meeting (AGM) scheduled for September 28, 2026, at 12:30 PM IST. The meeting will be conducted via Video Conferencing or Other Audio Visual Means. Key agenda items include the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, the re-appointment of a director, ratification of the Cost Auditor's remuneration for FY 2026-27, and approval of remuneration for an Independent Director. The Annual Report and AGM Notice for FY 2025-26 are available on the company's website.

AYM Syntex Ltd has issued a notice for its 43rd Annual General Meeting (AGM) and released its Annual Report for the financial year 2025-26. The AGM will be held on September 28, 2026, via Video Conferencing. Key agenda items include the adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026, the re-appointment of a director, ratification of cost auditor remuneration for FY27, and approval of remuneration for an independent director. The company is distributing these documents electronically to registered members and providing web-links for others, with both the notice and annual report available on the company's website.

AYM Syntex Ltd has issued a notice for its 43rd Annual General Meeting (AGM) and released its Annual Report for the financial year 2025-26. The AGM will be held on September 28, 2026, via Video Conferencing or Other Audio Visual Means. Key agenda items include the adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026, the re-appointment of a director, ratification of cost auditor remuneration for FY27, and approval of remuneration for an independent director. The Annual Report and AGM notice are available on the company's website.

AYM Syntex Ltd has responded to a BSE query regarding a significant increase in its equity share volume. The company stated that it has made all required disclosures under SEBI LODR Regulations, including price-sensitive information, within stipulated timelines. AYM Syntex asserts that there is currently no undisclosed information or event that could impact the price or volume behavior of its securities. The company assured continued compliance with disclosure norms and attributed the recent volume surge purely to market-driven factors. They requested the exchange to take this clarification on record.

AYM Syntex Ltd has announced a temporary disruption of operations at certain manufacturing facilities and warehouses due to incessant rainfall and severe waterlogging. The company has taken immediate precautionary measures to ensure safety. An assessment of the impact on assets and inventory is underway, and the financial implications are being evaluated. The company has adequate insurance coverage. Further details on the extent of damage and financial impact are pending.

AYM Syntex Limited announced the outcome of its Board Meeting held on August 11, 2026. The Board approved the standalone and consolidated un-audited financial results for the quarter ended June 30, 2026. The results were reviewed by the Audit Committee and recommended for approval. The meeting commenced at 5:30 p.m. and concluded at 8:00 p.m. Price Waterhouse Chartered Accountants LLP provided the limited review report.

AYM Syntex (consolidated, primary basis) posted revenue of Rs 351.03 Cr for Q1 FY27, up 7.5% YoY from Rs 326.48 Cr, with net profit turning around to Rs 8.66 Cr against a Rs 3.57 Cr loss a year ago — NPM flipped from -1.09% to +2.47% and OPM expanded to roughly 8.95% from 5.10%. Sequentially the print is softer: revenue eased 4.0% QoQ and PAT 3.9% QoQ against a seasonally stronger Q4 FY26 (Rs 365.77 Cr revenue, Rs 9.01 Cr PAT, 9.10% OPM), so the YoY turnaround is the real story, not the QoQ trend. A meaningful part of this quarter's profit is a one-off: the company elected the 25.17% tax regime under Section 200 of the Income Tax Act, 2025 (the successor to erstwhile Section 115BAA) and booked a Rs 2.28 Cr one-time deferred-tax credit from remeasuring its deferred tax balances; stripping that out, adjusted PAT is closer to Rs 6.4 Cr — still a turnaround versus last year's loss, since the year-ago quarter had no comparable one-off, but a smaller one on a like-for-like tax basis. On margins, the YoY expansion was driven less by material costs (cost of materials rose to 58.3% of revenue from 56.7%) and more by depreciation falling 11% YoY (Rs 16.74 Cr to Rs 14.91 Cr) and other expenses declining 3.3% even as volumes grew, while employee costs rose 13.5%, faster than revenue. There is no analyst consensus or brokerage preview available for this quarter, and neither our records nor management's notes carry any formal prior guidance, so the print cannot be graded against a Street or company-set bar — both are unknown. No standalone press release accompanied the filing; the only management commentary is the results notes themselves, which flag the tax election and the pending Mandawewala Enterprises merger, with the NCLT hearing on the amalgamation scheme now listed for August 27, 2026 after shareholder and creditor approval in May 2026. The quarter also saw back-to-back leadership changes at the plant level — the President & Plant Head resigned on August 7, 2026, with Vireshwar Joshi appointed President & Unit Head a day earlier — coming on top of the Director-Operations resignation in May 2026, a churn worth watching alongside the operating metrics.

AYM Syntex Limited has announced the resignation of Mr. Rasik Chauhan, President & Plant Head-Palghar. The resignation is effective from the close of business hours on August 7, 2026, and is due to personal reasons. The company has provided the necessary disclosures as per SEBI regulations. Mr. Chauhan expressed gratitude for the support received during his tenure and wished the company future success.

AYM Syntex Limited has announced the appointment of Mr. Vireshwar Joshi as President and Unit Head - Palghar, a Senior Management Personnel. The appointment is effective from August 6, 2026. Mr. Joshi brings over 34 years of extensive experience in the textile industry, with expertise in various segments including spinning, knitting, weaving, dyeing, and processing of garments, home textiles, and technical textiles. His background includes leadership roles such as CEO, President, and Business Head at prominent companies like Shahi Exports and RSWM Ltd., and TEX/BTC/STB Africa. He holds a B.Tech in Textile Engineering and an MBA in Marketing & Finance.