AYM Syntex Limited — Board Meeting, 26-07-2025: Outcome of Board Meeting

AYM Syntex has announced a board meeting where it approved the consolidated financial results for the quarter ending June 30, 2025. The company reported revenue from operations of ₹326.48 Cr but posted a loss of ₹3.56 Cr for the quarter.

The board also approved the appointment of Mr. James Robert McCallum, a seasoned textile industry veteran, as an Additional Non-Executive and Independent Director for a five-year term, subject to shareholder approval. Further, a strategic merger scheme with Mandawewala Enterprises Limited is progressing, currently awaiting regulatory approval. Employee stock options were exercised, increasing the company's paid-up share capital by ₹0.082 Cr.