AYM Syntex Limited — Others, 10-05-2025: Change in Management

AYM Syntex has announced a board meeting and approved the financial results for the quarter and half-year. The company posted consolidated revenue of ₹1,495 Cr and expenses of ₹1,476.5 Cr, delivering a profit before tax of ₹19.36 Cr and profit after tax of ₹11.63 Cr, with earnings per share of ₹2.13. The results include a ₹10.06 Cr insurance claim from a previous fire loss. The company raised ₹141.76 Cr through preferential equity and used ₹70.01 Cr to cut working capital debt, keeping the rest in bank accounts. A merger with Mandawewala Enterprises Limited is in progress, pending approvals. Mr. Hitesh Gupta was appointed Secretarial Auditor for five years, subject to shareholder consent.