CMX Holdings Ltd: Board Meeting Approves Appointments, Capital Increase, and Office Shift

CMX Holdings Ltd, formerly known as SIEL Financial Services Limited, held a Board Meeting on 11 November 2025. The meeting resulted in several significant decisions. Firstly, the Board approved the appointment of Mr. Amay Vatsalya as Whole-Time Director (Additional Director) and Mr. Dhiraj Mishra as Whole-Time Director (Additional Director) & Chief Financial Officer. Both appointments are subject to shareholder approval through Postal Ballot. The Board also took note of the resignation of Aveen Kaur Sood, Director, and the Chief Financial Officer. Additionally, the Board approved an increase in the Authorised Share Capital from INR 30,00,00,000 to INR 2,50,00,00,000, subject to shareholder approval. The Registered Office of the Company is proposed to be shifted from the State of Madhya Pradesh to the State of Maharashtra, subject to approval from shareholders, the Central Government, and other necessary regulatory and statutory approvals. The Board also approved amendments to the Object Clause of the Memorandum of Association, subject to member approval.