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AYM Syntex incorporates wholly-owned subsidiary

28 Jun 2022 Evaluate

AYM Syntex has incorporated wholly-owned subsidiary (WOS) on June 27, 2022 in the name and style of ‘Aym Textiles’. The company was required to incorporate the WOS to fulfill the stipulations specified for participation under the New Production Linked Incentive (PLI) Scheme of GOI for Textiles.

AYM Syntex with its innovative approach is a pioneer in spinning, texturizing, draw twisting and dyeing of polyester and nylon yarns. AYM is among the global leaders in manufacturing specialty and multi-polymer yarns.

Peers
Company Name CMP
Vardhman Textiles 577.60
Welspun Living 214.65
Arvind 552.40
Raymond Lifestyle 648.00
K.P.R. Mill 1141.30
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