AYM Syntex Director - Operations resigns effective May 31, 2026

0 min read     Updated on 31 May 2026, 04:36 AM
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Anirudha BScanX News Team
AI Summary

Mr. Sudhanshu Khire resigned from the position of Director - Operations at AYM Syntex effective from the close of business hours on May 31, 2026, due to personal reasons. The resignation was accepted by the company and disclosed to the exchanges under Regulation 30 of the SEBI Listing Regulations.

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Mr. Sudhanshu Khire has resigned from the position of Director - Operations at aym syntex effective from the close of business hours on May 31, 2026, due to personal reasons. The resignation was tendered by the senior management personnel and accepted by the company, marking a change in its operational leadership structure.

The disclosure was made pursuant to Regulation 30 read with Para A, Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the necessary details regarding the change were provided in accordance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

In his resignation letter addressed to the Chairman, Mr. Khire thanked the management for the support extended during his tenure and wished the company success in its future endeavours. The company has requested the exchanges to take the resignation on record.

Resignation Details

Particulars Details
Name of SMP Mr. Sudhanshu Khire
Designation Director - Operations
Reason for change Resignation due to personal reasons
Effective Date Close of business hours of May 31, 2026

Historical Stock Returns for AYM Syntex

1 Day5 Days1 Month6 Months1 Year5 Years
-1.10%+9.67%-6.97%+32.41%+2.54%+219.48%

Who will be appointed as the successor to oversee operations, and what is their background?

How will this leadership transition impact AYM Syntex's operational efficiency in the upcoming fiscal year?

Will the company implement any interim measures to ensure stability between Mr. Khire's departure and the appointment of a new Director?

AYM Syntex unsecured creditors approve Mandawewala amalgamation

2 min read     Updated on 28 May 2026, 02:01 AM
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AI Summary

Unsecured creditors of AYM Syntex Limited have approved the amalgamation of Mandawewala Enterprises Limited with the company, securing 100% of the votes polled. The resolution received 526,235,489 votes in favour from 54 creditors, with no votes cast against it. The meeting was convened on May 25, 2026, through Video Conferencing, following an NCLT order dated April 6, 2026.

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Unsecured creditors of [AYM Syntex Limited](aym syntex) have approved the amalgamation of Mandawewala Enterprises Limited with the company, securing 100% of the votes polled. The resolution received 526,235,489 votes in favour from 54 creditors, with no votes cast against it. This approval follows an order dated April 6, 2026, by the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, under Sections 230 to 232 of the Companies Act, 2013.

The meeting was convened on May 25, 2026, through Video Conferencing (VC) and Other Audio Visual Means (OAVM). Mr. Hitesh Gupta, a Practicing Company Secretary, served as the Scrutinizer, while Ms. Mala Tadarwal, appointed by the NCLT, chaired the proceedings. The cut-off date for determining creditor eligibility was September 30, 2025. The remote e-voting facility commenced on May 20, 2026, and concluded on May 24, 2026.

Voting Results

The resolution received unanimous support from the participating unsecured creditors. A total of 526,235,489 votes were polled. The detailed voting pattern is as follows:

Manner of Voting No. of Unsecured Creditors Votes Polled Votes In Favour Votes Against % In Favour
Remote e-voting 54 526,235,489 526,235,489 0 100
E-voting during the meeting 0 0 0 0 0
Total 54 526,235,489 526,235,489 0 100

Category-wise Breakdown

The voting participation across different creditor categories was as follows:

Category No. of Votes Polled Votes In Favour Votes Against % In Favour
Promoter and Promoter Group 0 0 0 0
Public-Institutions 0 0 0 0
Public-Non Institutions 526,235,489 526,235,489 0 100
Total 526,235,489 526,235,489 0 100

Key Resolution Details

Sr. No. Particulars Type of Resolution
1. To consider and approve the Scheme of Amalgamation of Mandawewala Enterprises Limited (“Transferor Company”) with AYM Syntex Limited (“Transferee Company”) and their respective shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. Special Resolution

The scrutinizer's report confirmed that 54 members participated in the voting process. The proceedings were submitted in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for AYM Syntex

1 Day5 Days1 Month6 Months1 Year5 Years
-1.10%+9.67%-6.97%+32.41%+2.54%+219.48%

What strategic benefits will AYM Syntex derive from the amalgamation of Mandawewala Enterprises Limited?

How will the merger impact AYM Syntex's financial leverage and debt profile in the coming quarters?

What is the expected timeline for the final NCLT approval and completion of the amalgamation process?

More News on AYM Syntex

1 Year Returns:+2.54%