AYMSYNTEX2024-10-012024-12-31 AYMSYNTEX2024-10-012024-12-31 AYMSYNTEX2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member AYMSYNTEX2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member AYMSYNTEX2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 508933 AYMSYNTEX NotListed AYM Syntex Limited Equity 2024-04-01 2025-03-31 2025-02-06 2025-02-01 INR Lakhs Third quarter 13:00:00 15:45:00 2025-02-06 2025-02-06 Not applicable Single segment Textiles 2024-10-01 2024-12-31 Unaudited Consolidated 3776700000.00 14200000.00 3790900000.00 1957200000.00 0.00 65100000.00 222800000.00 98200000.00 153100000.00 1242400000.00 3738800000.00 52100000.00 0.00 52100000.00 11500000.00 6600000.00 18100000.00 0.00 34000000.00 0.00 0.00 0.00 0.00 34000000.00 -100000.00 33900000.00 0.00 0.00 585000000.00 10 0.70 0.70 0.00 0.00 0.70 0.70 1. The aforesaid consolidated financial results of AYM Syntex Limited (the 'Parent Company') and AYM Textiles Private Limited (the 'subsidiary') (the Company and its subsidiary together hereinafter referred to as the 'Group') were reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company at its meeting held on February 6, 2025. The statutory auditors have carried out a Limited Review and expressed an unmodified opinion on the aforesaid results. 2. The abovesaid consolidated financial results of the Group have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies, to the extent applicable. 3. On May 12, 2023, an incident of fire occurred in some of the manufacturing lines of one of the unit of the Parent Company, located at Rakholi, Silvassa, U.T. Of Dadra & Nagar Haveli and Daman And Diu, India. The cost of repairs, restoration, loss of assets (inventory and PPE) and other related losses/expenses incurred during the year ended March 31, 2024 aggregating to Rs.2,226 lakhs were recognised under 'Exceptional Item' in the Statement of Profit and Loss. Further, the above expenses were netted off for the impact of claim receivable amounting to Rs. 1,165 lakhs and an interim claim receipt of Rs 400 lakhs and the net amount of Rs. 661 lakhs was disclosed as 'Exceptional Item' in the Statement of Profit and Loss for the year ended March 2024. The Parent Company further received a communication from the insurance company for an interim claim of Rs 1200 lakhs against the loss incurred towards business interruption which was accounted as operating income in the financial statements for the year ended March 2024. During the Quarter ended Decemeber 31, 2024, the Parent Company has received Rs.1,006 lakhs against an accounted claim receivable. The outstanding insurance claim receivable are in accordance with the terms and conditions of the insurance policies and communications from the insurance company which will be received in due course. 4. During the current quarter ending December 31 2024, the Parent Company issued and allotted 77,67,828 equity shares of Rs 10 each at a price of Rs 182.50 per share, including a premium of Rs 172.50 per share, on a preferential basis aggregrating to Rs.14,176 lakhs. The Parent Company has utilised the net proceeds of Rs. 5,876 lakhs for repayment / reduction of working capital borrowings and general corporate purpose. The balance amount of Rs. 8,300 lakhs, as on December 31, 2024, is parked in cash credit & fixed deposits and will be used for the specified purposes in future. 5. The Board of directors of the Parent Company on February 6, 2025 has approved a scheme of merger (the scheme) under section 230 to 232 of the companies act, 2013 and other applicable provisions of the companies act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the ‘SEBI Listing Regulations’) for the merger of Mandawewala Enterprises Limited (Holding Company) with AYM Syntex Limited. The scheme will be filled with the Stock Exchanges on which Parent Company's shares are listed and National Company Law Tribunal in due course for necessary approval. 6. The Group is engaged only in the business of 'Synthetic Yarn' and therefore, has only one reportable segment in accordance with the Ind AS 108 - 'Operating Segments'. 7. The Statutory auditors have digitally signed this Statement for identification purposes and this Statement should be read in conjunction with their review report Single segment 2024-04-01 2024-12-31 Unaudited Consolidated 11283700000.00 37100000.00 11320800000.00 6293900000.00 0.00 -231200000.00 647700000.00 342000000.00 461300000.00 3659100000.00 11172800000.00 148000000.00 0.00 148000000.00 33600000.00 18300000.00 51900000.00 0.00 96100000.00 0.00 0.00 0.00 0.00 96100000.00 -200000.00 95900000.00 0.00 0.00 585000000.00 10 1.98 1.97 0.00 0.00 1.98 1.97 Other Expenses 1242400000.00 Other Expenses 3659100000.00 -200000.00 -300000.00 -100000.00 -100000.00 0.00 0.00