AYM Syntex Limited — Important, 28-02-2025: General Updates

The company has received an appeal from the Commissioner of CGST & Central Excise, Daman, challenging a favorable order from the Customs, Excise and Service Tax Appellate Tribunal regarding a disputed demand of ₹2.39 Cr for FY 2014-15. While the legal proceedings are ongoing, there is no material impact on the company's financials or operations. The company is currently evaluating its further course of action. Investors should closely monitor this situation for any developments, though it appears there are no immediate risks to the company's performance.