The board of directors of AYM Syntex Limited announced at its meeting held on May 6, 2017, accepted the resignation of Mr. B A Kale as Director and Executive director of the company with effect from May 6, 2017. The company announced the appointment of Mr. Abhishek Mandawewala, the whole time director as Managing Director and CEO of the company for the remaining period of his tenure, that is, upto July 31, 2018 with effect from May 6, 2017, subject To Approve the members at their 34th Annual General Meeting.