AYM Syntex Limited — Important, 27-03-2025: General Updates

Aym Syntex has announced a board meeting to discuss an order received from the CGST Commissioner in Surat, imposing a tax demand of ₹9.81 lakh and a penalty of ₹98,157 related to an IGST refund on exports. The company has assessed that this will not have a material impact on its financials or operations. Aym Syntex is currently evaluating its next steps regarding this order. Investors may view this as a neutral impact, given the lack of expected financial repercussions, but ongoing monitoring is advised as the company determines its approach.