Siel Financial Services Ltd — Others, 05-07-2025: AGM/EGM

CMX Holdings Limited (formerly SIEL Financial Services Limited) has announced a 34th Annual General Meeting through video conferencing. The company proposes to officially change its name to "CMX Holdings Limited" to reflect the new management and relinquish the former promoter’s name. Yash Sagar Srivastava has been appointed as Secretarial Auditor for the FY 2025-26. The company reported a net loss of Rs. 25.22 lakh for FY 2024-25, increasing from Rs. 17.97 lakh the previous year, with no revenue from operations and other income of Rs. 20.31 lakh. There is no dividend proposed. The balance sheet reveals a liquidity crunch with current liabilities exceeding current assets by Rs. 2.11 Cr. Operations are limited to income from services after RBI’s rejection of its NBFC application. The Board comprises four directors, including one executive woman director, with no disqualifications. The company continues internal control improvements, risk management, and corporate governance compliance, with no related party transactions during the year. No material events or frauds reported post-year-end; no deposits accepted, and no loans or guarantees given. The auditor’s report carries qualifications related to going concern uncertainties and unconfirmed unsecured borrowings.