We wish to inform you that the Board of Directors of AYM Syntex Limited ('the Company') at its meeting held today i.e. September 17, 2024, inter alia, approved the following: 1.Issuance of 77,67,828 equity shares of the face value of Rs. 10 each for cash at a price of Rs. 182.50/- per equity share (including a premium of Rs. 172.50 per equity share) aggregating to Rs.141,76,28,610/- on Preferential basis to Promoter & Promoter Group and Non-Promoter Group in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirement) Regulations, 2018 ('ICDR Regulations'), as amended, subject to approval of the shareholders and other applicable laws. 2.To issue Notice convening an Extraordinary General Meeting of the Shareholders of the Company to be held on Wednesday, October 16, 2024, for seeking necessary approvals, of the Shareholders for the proposed Preferential Issue.