AYM Syntex Limited — Others, 28-07-2025: Monitoring Agency Report

AYM Syntex has released its Monitoring Agency Report for the quarter ended June 30, 2025, detailing the utilization of funds from its Rs. 141.76 Cr preferential issue. The report confirms no deviation from the stated objectives for the raised capital. The company has fully utilized funds allocated for debt repayment, reduction in working capital borrowings, and general corporate purposes. For capital expenditure, Rs. 33.52 Cr has been spent, with Rs. 25.48 Cr remaining unutilized. These unutilized funds are currently held in Cash Credit accounts and are designated for ongoing capacity expansion projects, which are expected to be completed within 1 to 1.5 years.