AYM Syntex Limited , a leading synthetic yarn manufacturer, has announced its financial results for the second quarter and half-year ended September 30, 2025, revealing a challenging period for the company. The results, approved by the Board of Directors on November 8, 2025, show a shift from profit to loss compared to the previous year.

Financial Performance

For the half-year ended September 30, 2025, AYM Syntex reported:

*As of March 31, 2025

The company's performance shows a decline, with revenue slightly decreasing and profitability turning negative compared to the same period last year.

Operational Highlights

• The company's total expenses for the half-year stood at ₹74,381.00 lakhs.
• Employee benefit expenses increased to ₹4,508.00 lakhs from ₹4,288.00 lakhs in the previous year.
• Finance costs reduced to ₹2,839.00 lakhs from ₹3,277.00 lakhs, indicating some improvement in debt management.

Corporate Actions and Future Plans

AYM Syntex has been active in corporate actions and strategic planning:

1. Employee Stock Options: The company allotted 60,000 equity shares under AYMSOP 2021 and 22,000 equity shares under AYMSOP 2022, increasing its paid-up share capital and securities premium.

2. Preferential Share Issue: In FY 2024-2025, AYM Syntex raised ₹14,176.00 lakhs through a preferential issue of 77,67,828 equity shares at ₹182.50 per share. The proceeds are being utilized for debt repayment, working capital, capital expenditure, and general corporate purposes.

3. Merger Scheme: The Board has approved a merger scheme with Mandawewala Enterprises Limited. The company has received "no adverse observations" from BSE Limited and the National Stock Exchange of India Limited on the draft scheme. The merger application is currently being filed with the National Company Law Tribunal, Mumbai Bench.

Segment Information

AYM Syntex continues to operate solely in the "Synthetic Yarn" business segment, as per Indian Accounting Standard 108.

Outlook

While the company faces short-term challenges reflected in its financial performance, the strategic moves such as the proposed merger and capital raising initiatives suggest a focus on long-term growth and operational efficiency. The company's ability to navigate the current economic environment, manage costs, and successfully implement its merger plans will be crucial in the coming quarters.

AYM Syntex , a leading specialty synthetic yarns manufacturer, has announced updates to its Scheme of Amalgamation with Mandawewala Enterprises Limited. This development follows both companies' completion of their registered office relocation process.

Key Updates

The Merger Committee of AYM Syntex's Board of Directors and the Board of Directors of Mandawewala Enterprises Limited have approved consequential amendments to the Scheme of Amalgamation. These changes primarily reflect the new registered office addresses and updated Corporate Identification Numbers (CINs) for both companies.

New Registered Addresses

Both AYM Syntex and Mandawewala Enterprises Limited now share the same registered address:

Updated Corporate Information

The amendments to the Scheme also include updates to the companies' CINs:

Shareholding Information

As of December 31, 2024, Mandawewala Enterprises Limited holds a significant stake in AYM Syntex:

Next Steps

AYM Syntex has confirmed that the updated Scheme of Amalgamation will be available on the company's website at www.aymsyntex.com . The company has emphasized that all other contents of the Scheme, except for the modifications mentioned, remain unchanged.

This update marks a step in the ongoing merger process between AYM Syntex and Mandawewala Enterprises. Shareholders and interested parties are advised to refer to the company's website for the most current information regarding the amalgamation scheme.