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AYM Syntex LimitedJV/Acquisition, 17-10-2025: Amalgamation/Merger

17-10-2025 | 03:21 pm

AYM Syntex announced an update to its merger scheme with Mandawewala Enterprises. The boards approved changes to reflect updated registered office addresses and Corporate Identification Numbers following a completed relocation. Mandawewala, which holds ~62.80% of AYM Syntex, is merging into AYM Syntex. This move targets corporate simplification and consolidated shareholding, often improving transparency and operational efficiency for investors. No swap ratio or valuation details were mentioned in this particular update.

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