AYM Syntex to hold Shareholder & Creditor Meeting on May 25 for Amalgamation Scheme
AYM Syntex Limited will hold a meeting on May 25, 2026, for shareholders and creditors to approve the amalgamation scheme with Mandawewala Enterprises Limited. The meeting will be conducted via VC/OA VM, with remote e-voting available from May 20-24, 2026.
The amalgamation of two companies is a significant corporate action that can have a material impact on the company's structure, operations, and future prospects. The outcome of the shareholder and creditor meeting is crucial for the scheme's progression.
The announcement is a procedural notification regarding a shareholder and creditor meeting for an amalgamation scheme. It does not contain financial results or news that would positively or negatively impact the company's immediate outlook.
AYM Syntex Limited has announced that a meeting of its Equity Shareholders and Unsecured Creditors will be held on Monday, May 25, 2026, to consider and approve the Scheme of Amalgamation of Mandawewala Enterprises Limited with AYM Syntex Limited.
The meeting for Equity Shareholders is scheduled for 12:00 PM IST, and for Unsecured Creditors at 4:00 PM IST, both to be conducted through Video Conferencing (VC) / Other Audio Visual Means (OA VM).
The notice for this meeting, along with the Scheme and explanatory statement, is available on the company's website and can be obtained from the registered office. Shareholders and creditors have the facility to exercise their voting rights electronically through remote e-voting or e-voting at the meeting. The cut-off date for determining shareholders entitled to vote is May 18, 2026, and for unsecured creditors, it is September 30, 2025. Remote e-voting will commence on May 20, 2026, at 9:00 AM IST and conclude on May 24, 2026, at 5:00 PM IST. Ms. Mala Todarwal has been appointed as the chairperson for these meetings.
What to do with a filing like this
AYM Syntex Limited filed this with the NSE as a statutory disclosure, categorised under amalgamation. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by AYM Syntex Limited. Read the original for the full detail.