AYM Syntex Ltd

AGM Details

• Held on 28 September 2026 at 12:30 IST via VC/OAVM.
• Record date: 18-09-2026; on-record shareholders: 8,916.
• Attendance via VC/OAVM: promoter group 3, public 46.

Key Resolutions & Outcomes

• Resolution 1 (Ordinary): Adopt stand-alone and consolidated financial statements for FY2026; passed.
• Resolution 2 (Ordinary): Re-appoint Rajesh Mandawewala by rotation; passed.
• Resolution 3 (Ordinary): Ratify remuneration of Cost Auditor for FY2026-27; passed.
• Resolution 4 (Special): Approve remuneration to Mr. James Robert McCallum, Non-Executive Independent Director; passed.

Governance Updates

• Director: Rajesh Mandawewala re-appointed by rotation.
• Auditors: No change in statutory auditor disclosed.

AGM Details

• Date/time: 28 Sep 2026, 12:30 IST; held via VC/OAVM.

Key Resolutions

• Ordinary: Adoption of audited standalone FY2026 financial statements and related reports.
• Ordinary: Re-appointment of Rajesh Mandawewala as director.
• Ordinary: Ratification of cost auditor remuneration for FY2026-27.
• Special: Payment of remuneration to James Robert McCallum, Independent director.

Voting Results

• Resolution 1 passed with requisite majority.
• Resolution 2 passed with requisite majority.
• Resolution 3 passed with requisite majority.
• Resolution 4 passed with requisite majority.

Director Changes

• Rajesh Mandawewala retires by rotation and is re-appointed.

Auditor Remuneration

• Remuneration of Cost Auditor for FY2026-27 ratified.

AYM Syntex Ltd trading window closed from October 1, 2026 till 48 hours after the declaration of unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.

Financial performance

• FY2025-26 standalone revenue: ₹1,36,512.03 lakh, down from ₹1,48,899.70 lakh.
• Standalone EBITDA ₹10,333.97 lakh; margin 7.5%.
• Standalone PAT ₹655.83 lakh; EPS ₹1.12.
• Consolidated revenue ₹1,37,563.12 lakh; PAT ₹654.76 lakh; total comprehensive income ₹686.30 lakh.
• Export share of revenue 45.42%.
• Geographic revenue: India ₹75,046.22 lakh; Outside India ₹61,465.81 lakh.

Geography and segments

• Export revenue mix by geography: USA ₹14,115.40 lakh; Europe ₹15,836.71; Australia ₹15,679.80; UK ₹652.84; Others ₹15,181.04.
• Export total ₹61,465.81 lakh. India revenue ₹75,046.22 lakh; Outside India ₹61,465.81 lakh.
• Segment revenue mirrors geography: India ₹75,046.22; Outside India ₹61,465.81.
• Export revenue contributed ~45.42% of revenue.

Capital structure and liquidity

• Gross debt ₹18,824.79 lakh; net debt ₹17,367.97 lakh; cash ₹472.94 lakh; net debt to equity 0.23x.
• Current borrowings ₹12,206.45 lakh; long-term borrowings ₹5,592.89 lakh.
• CWIP ₹4,160.76 lakh; fixed assets ₹51,653.80 lakh.
• Undrawn facilities ₹18,360.66 lakh (₹15,860.66 within 1 year; ₹2,500 beyond).
• Promissory preferential issue proceeds used for debt repayment and capex.

Operations and strategic development

• Flooring yarns expansion commissioned; capacity taken up by new customers.
• Export-grade nylon technical yarn achieved; enables exports at higher asset turns.
• Technical yarn speed up 25%, improving ROE potential.
• Exited one commodity line; two commodity lines remain; target FY2027-28 for full exit.
• ₹35 crore raw material inventory released via improved import inventory system.
• SAP S/4HANA Greenfield implementation across manufacturing, procurement, finance, sales, quality, maintenance, and warehouse.

Governance and board changes

• James Robert McCallum appointed Non-Executive Independent Director from 26 July 2025.
• Kantilal Patel resigned 6 Oct 2025; governance changes reflected in AGM disclosures.
• Board comprises a mix of Executive and Non-Executive Directors; Independent Directors ~50%.
• Board and committee practices aligned with SEBI LODR; familiarisation programs for independents.

Dividend and capital allocation

• No dividend recommended or declared for FY2025-26.
• Promoter promoter group raised funds via preferential issue; 77,67,827 shares issued at ₹182.50.
• Proceeds allocated to debt repayment, working capital, general corporate, and capex per plan.

CSR and ESG highlights

• CSR expenditure ₹38.36 lakh; average net profit basis shows ₹22.14 lakh reserve requirement.
• Total CSR obligation for 2025-26 ₹21.87 lakh; Rs 16.22 lakh excess carried forward.
• CSR areas: Swasthya, Swabhiman, Sudhaar, Shrish�; multiple community programs and health/water initiatives.
• Projects include Anganwadi and Balwadi support, safe drinking water, health vans, solar street lights.

Volume surge clarification

• All disclosures under SEBI LODR have been made; volume rise is market-driven.
• Company will promptly inform exchanges of all material events.