3rd November 2020

To, The BSE Ltd National Stock Exchange of India Ltd, P.J.Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai – 400051. SCRIP CODE: 508933 Symbol: AYMSYNTEX

Subject: Disclosure on Related Party Transaction pursuant to Regulation 23(9) of SEBI (LODR) Regulations, 2015

In Compliance with Regulation 23(9) of SEBI (Listing Obligation and Disclosure Requirements) (Amendments) Regulations, 2018, please find attached herewith disclosure on Related Party Transactions, in the format specified in accordance with Ind AS for the half year ended on September 30 , 2020.

Please acknowledge and take the same on your record. For AYM Syntex Limited

Ashitosh Sheth Company Secretary ACS 25997

AYM Syntex Limited

Related party disclosures for the period ended 30 September 2020

(i) Relationships Holding Company Mandawewala Enterprises Limited

Key Management Personnel Mr. Abhishek Mandawewala Mrs. Khushboo Mandawewala Chief Financial Officer Himanshu Dhaddha Company Secretary Ashitosh Sheth Relatives Mr. R.R. Mandawewala Mrs. Pratima Mandawewala Mrs. Khushboo Mandawewala Mr. Yash Mandawewala Other Related parties Mertz Estates Limited Welspun Global Brands Limited Limited Welspun Steel Limited Welspun Flooring Limited Welspun Usa Inc Limited (Amounts in ₹ Lakhs)

Holding Enterprises over which Key Management Personnel or relatives of such personnel exercise significant influence or control Key Management Personnel Company and with whom transactions have taken place during the year Welspun PARTICULARS Mandawewala WELSPUN Welspun Mertz Estates Welspun India Global Welspun Welspun Welspun Mr. Abhishek Mrs. Khushboo Enterprises FLOORING Power and Limited Limited Brands USA Inc Corp Limited Steel Limited Mandawewala Mandawewala Limited LIMITED Steel Limited Limited Transactions during the first half year Cross charge 6.65 ------Interest expense 54.15 ------Salary ------18.09 7.23 Purchase of Goods/Services/ Expenses incurred 4.13 89.07 - - 2,406.02 - - - - - Sale of Goods - - 1,070.48 1,229.45 ------