NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company1d ago · 1 Oct 2026, 09:12 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
AYM Syntex Limited · AYMSYNTEX
✦ AI SummaryRegulatory
AYM Syntex Limited has received a Show Cause Notice from the Deputy Commissioner of State Tax, Thane Audit, Department of Goods and Services Tax, for Rs. 2,31,85,885/- comprising of tax, interest, and penalty for F.Y. 2022-23. The Company is in the process of evaluating the SCN and shall file a detailed reply with the adjudicating authority within the prescribed timelines.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment4/10
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AYM Syntex Limited has informed the Exchange about a Show Cause Notice received from the Deputy Commissioner of State Tax, Thane Audit, Department of Goods and Services Tax.
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AYM Syntex
THE STRENGTH WITHIN
October 1, 2026
To, To,
BSE Limited National Stock Exchange of India Limited
Department of Corporate Services, Exchange Plaza,
P.J. Towers, Dalal Street, Bandra Kurla Complex, Bandra (East),
Mumbai — 400 001 Mumbai — 400 051
Scrip Code: 508933 Symbol: AYMSYNTEX
Dear Sir/Madam,
Sub: Intimation _under Regulation 30 of Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, the Company hereby submits the enclosed disclosure details.
Further, in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-
POD2/1/3762/2026 dated January 30, 2026, read with Regulation 30(13) of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No.
SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 dated February 25, 2025 on the Industry Standards
Note on Regulation 30 of the LODR Regulations, are enclosed herewith as Annexure 1 and
Annexure 2.
Kindly take the above on your records.
Thanking You,
For Aym Syntex Limited
KAUSHoigiiey
by KAUS| HALR
ALR ram
Date:2026.1001
PATVI 204330+0530°
Kaushal Patvi
Company Secretary & Compliance Officer
AYM SYNTEX LIMITED
Registered Office & Corporate Office: 97 Floor, Trade World, B Wing, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai ~ 400013, Maharashtra, India
Phone: 4912261637000 | Fax: +91 22 25937725 | Website: www.aymsyntex.com| CIN: L99999MH1983PLC455099
AYM Syntex
THE STRENGTH WITHIN
Annexure 1
Details required under Regulation 30 of the SEBI Listing Regulations read along with SEBI
Master Circular No.HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.
Sr. No. | Particulars Details
1. Name(s) of the opposing party, | Office of the Deputy Commissioner of State Tax,
court/tribunal/agency where THA-AUD-E-0004 (Thane Audit_504), Department
litigation is filed of Goods and Services Tax, Government of
Mabharashtra.
2. Brief details ofl itigation The Company has received a Show Cause Notice
(“SCN’) under Section 73(1) of the CGST/MGST Act,
2017 for F.Y. 2022-23 following GST audit
proceedings. The SCN proposes recovery of tax of
Rs.1,16,66,378/-, interest of Rs.1,00,25,137/- and
penalty of Rs.14,94,370/- in relation to identified
GST audit objections, including delayed payment
interest, disallowance of credit notes, RCM on
import of services, ineligible ITC, ITC reversal for
payments after 180 days, RCM on renting of motor
vehicles and travelling expenses, ITC disallowance
on insurance claim, and disallowance of ISD credit
for non-production of relevant documents.
3. Expected financial implications, | No immediate financial impact on the Company at
if any, due to compensation, | this stage.
penalty etc.
The Company is in the process of evaluating the
SCN and, based on advice from its tax advisors,
shall file a detailed reply with the adjudicating
authority within the prescribed timelines, and
shall pursue all legal remedies available to it.
4, Quantum of claims, if any Rs. 2,31,85,885/- comprising of:
- Tax:Rs.1,16,66,378/-,
- Interest: Rs.1,00,25,137/-
- Penalty: Rs.14,94,370/-
AYM SYNTEX LIMITED
Registered Office & Corporate Office: 97 Floor, Trade World, B Wing, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai ~ 400013, Maharashtra, India
Phone: 4912261637000 | Fax: +91 22 25937725 | Website: www.aymsyntex.com| CIN: L99999MH1983PLC455099 N
AYM Syntex
THE STRENGTH WITHIN
Annexure 2
Details required under Regulation 30(13) of the SEBI Listing Regulations read along with the
Industry Standards Note on Regulation 30 of SEBI Listing Regulations dated February 25, 2025.
Sr. No. | Particulars Details
1. Name of the listed Company AYM Syntex Limited
2. Type of communication received | Show Cause Notice under Section 73(1) of the
CGST/MGST Act, 2017 was uploaded by the GST
Authority on GST portal
3. Date of receipt of | September 30, 2026
communication
4. Authority from whom | Deputy Commissioner of State Tax, THA-AUD-E-
communication received 0004 (Thane Audit_504), Department of Goods
and Services Tax, Government of Maharashtra,
GST Bhavan, Vartak Nagar, Thane — 400606.
5. Brief summary of the material | Refer Sr. No. 2 of Annexure 1
contents of the communication
received, including reasons for
receipt of the communication
6. Period for which communication | F.Y. 2022-23
would be applicable, if stated
7. Expected financial implications | Refer Sr. No. 3 of Annexure 1
on the listed company, if any
8. Details of any | Refer Sr. No. 2 of Annexure 1
aberrations/noncompliances
identified by the authority in the
communication
9. Details of any penalty or | No penalty, restriction or sanction has been
restriction or sanction imposed | imposed as on date. The Show Cause Notice
pursuantto the communication | Proposes a penalty of Rs. 14.94 lakhs, which is
subject to adjudication.
10. Action(s) taken by listed | Refer Sr. No. 3 of Annexure1
company with respect to the
communication
11. Any other relevant information | None
AYM SYNTEX LIMITED
Registered Office & Corporate Office: 97 Floor, Trade World, B Wing, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai ~ 400013, Maharashtra, India
Phone: 4912261637000 | Fax: +91 22 25937725 | Website: www.aymsyntex.com| CIN: L99999MH1983PLC455099