AYM Syntex reports half-year loss, board approves merger scheme

AYM Syntex Limited reported a standalone loss before tax of (₹611) lakhs and a consolidated loss before tax of (₹612) lakhs for the half year ended September 30, 2025. This compares to a standalone profit before tax of ₹959 lakhs and a consolidated profit before tax of ₹959 lakhs in the prior year's corresponding period. Revenue from operations for the half year ended September 30, 2025, stood at ₹67,563 lakhs, with total expenses reaching ₹68,876 lakhs on a standalone basis and ₹68,877 lakhs on a consolidated basis.

The company's board of directors approved the standalone and consolidated unaudited financial results, along with the Limited Review Report, at a meeting on November 8, 2025.

The board also noted the approval of a Scheme of Merger with Mandawewala Enterprises Limited, which received "no adverse observations" from both BSE Limited and the National Stock Exchange of India Limited. The company is currently in the process of filing the application with the National Company Law Tribunal. Additionally, AYM Syntex allotted 82,000 equity shares through employee stock option schemes, increasing its paid-up share capital.