Siel Financial Services Ltd — Updates, 12-07-2025: Company Update
Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
Name of the Target Company (TC)
CMX Holdings Limited (Formerly known as
SIEL Financial Services Limited)
Name(s) of the acquirer/Seller and Persons Acting in
Concert (PAC) with the acquirer/Seller
Aveen Kaur Sood
Whether the acquirer/Seller belongs to Promoter/Promoter
group
Yes
Name(s) of the Stock Exchange(s) where the shares of TC
are Listed
BSE
Details of the acquisition / disposal as follows
Number % w.r.t. total
share/votin
g capital
wherever
applicable
(*)
% w.r.t. total
diluted
share/voting
capital of the TC
(**)
Before the acquisition/ disposal under consideration,
holding of:
a)
Shares carrying voting rights
b)
Shares in the nature of encumbrance (pledge/ lien/
non-disposal undertaking/ others)
c)
Voting rights (VR) otherwise than by shares
d)
Warrants/convertible securities/any other instrument
that entitles the acquirer to receive shares carrying
voting rights in the T C (specify holding in each
category)
Total (a+b+c+d)
70,54,565
Nil
Nil
Nil
70,54,565
62.19%
Nil
Nil
Nil
62.19%
62.19%
Nil
Nil
Nil
62.19%
Details of acquisition/sale
a)
Shares carrying voting rights acquired/sold
b)
VRs acquired /sold otherwise than by shares
c)
Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) sold
d)
Shares encumbered / invoked/released by the
acquirer
Total (a+b+c+/-d)
3,86,653
Nil
Nil
Nil
3,86,653
3.41%
Nil
Nil
Nil
3.41%
3.41%
Nil
Nil
Nil
3.41%
After the acquisition/sale, holding of:
a)
Shares carrying voting rights
b)
Shares encumbered with the acquirer
c)
VRs otherwise than by shares
d)
Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) after acquisition
e)
Total (a+b+c+d)
66,67,942
Nil
Nil
Nil
66,67,942
58.78%
Nil
Nil
Nil
58.78%
58.78%
Nil
Nil
Nil
58.78%
Mode of acquisition / sale (e.g. open market / off-market /
public issue / rights issue / preferential allotment / inter-se
transfer etc).
Open Market sell
Date of sale of shares / VR or date of receipt of intimation
of allotment of shares, whichever is applicable
From 19-05-2025 till 05-06-2025
Equity share capital / total voting capital of the TC before
the sale
1,13,43,752
Equity share capital/ total voting capital of the TC after
the sale
1,13,43,752
Total diluted share/voting capital of the TC after the said
acquisition
1,13,43,752
AVEEN KAUR SOOD
Place: Gurgaon
Date: 12-07-2025
Encl.: Annexure
Sr
No
Name of
promoters
and
promoters
Groups
Category of
person
"Date of allotment advice/
acquisition of shares/
sale of shares
specify"
sal
Securities
held prior to
acquisition/
disposal
Securities acquired/disposed Securities held post
acquisition/disposal
From To Shares % of
share
holding
Shares %
of
share
holding
No. of shares % of
shareholding
1 Aveen Kaur
Sood
Promoter
19.05.25 19.05.25 7054595 62.014 20017 0.176 7034578 62.014
2 Aveen Kaur
Sood
Promoter
20.05.25 20.05.25 7034578 61.882 15000 0.132 7019578 61.882
3 Aveen Kaur
Sood
Promoter
21.05.25 21.05.25 7019578 61.806 8600 0.076 7010978 61.806
4 Aveen Kaur
Sood
Promoter
27.05.25 27.05.25 7010978 61.674 15000 0.132 6995978 61.674
5 Aveen Kaur
Sood
Promoter
28.05.25 28.05.25 6995978 61.563 12577 0.111 6983401 61.563
6 Aveen Kaur
Sood
Promoter
29.05.25 29.05.25 6983401 61.492 8003 0.071 6975398 61.492
7 Aveen Kaur
Sood
Promoter
30.05.25 30.05.25 6975398 61.319 19626 0.173 6955772 61.319
8 Aveen Kaur
Sood
Promoter
02.06.25 02.06.25 6955772 60.955 41265 0.364 6914507 60.955
9 Aveen Kaur
Sood
Promoter
03.06.25 03.06.25 6914507 60.705 28397 0.250 6886110 60.705
10 Aveen Kaur
Sood
Promoter
04.06.25 04.06.25 6886110 60.259 50560 0.446 6835550 60.259
11 Aveen Kaur
Sood
Promoter
05.06.25 05.06.25 6835550 58.782 167608 1.478 6667942 58.782
________________________
AVEEN KAUR SOOD
Promoter
Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
Name of the Target Company (TC)
CMX Holdings Limited (Formerly known as
SIEL Financial Services Limited)
Name(s) of the acquirer/Seller and Persons Acting in
Concert (PAC) with the acquirer/Seller
Aveen Kaur Sood
Whether the acquirer/Seller belongs to Promoter/Promoter
group
Yes
Name(s) of the Stock Exchange(s) where the shares of TC
are Listed
BSE
Details of the acquisition / disposal as follows
Number % w.r.t. total
share/votin
g capital
wherever
applicable
(*)
% w.r.t. total
diluted
share/voting
capital of the TC
(**)
Before the acquisition/ disposal under consideration,
holding of:
e)
Shares carrying voting rights
f)
Shares in the nature of encumbrance (pledge/ lien/
non-disposal undertaking/ others)
g)
Voting rights (VR) otherwise than by shares
h)
Warrants/convertible securities/any other instrument
that entitles the acquirer to receive shares carrying
voting rights in the T C (specify holding in each
category)
Total (a+b+c+d)
66,67,942
Nil
Nil
Nil
66,67,942
58.78%
Nil
Nil
Nil
58.78%
58.78%
Nil
Nil
Nil
58.78%
Details of acquisition/sale
e)
Shares carrying voting rights acquired/sold
f)
VRs acquired /sold otherwise than by shares
g)
Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) sold
h)
Shares encumbered / invoked/released by the
acquirer
Total (a+b+c+/-d)
2,45,042
Nil
Nil
Nil
2,45,042
2.16%
Nil
Nil
Nil
2.16%
2.16%
Nil
Nil
Nil
2.16%
After the acquisition/sale, holding of:
f)
Shares carrying voting rights
g)
Shares encumbered with the acquirer
h)
VRs otherwise than by shares
i)
Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) after acquisition
j)
Total (a+b+c+d)
64,22,900
Nil
Nil
Nil
64,22,900
56.622%
Nil
Nil
Nil
56.622%
56.622%
Nil
Nil
Nil
56.622%
Mode of acquisition / sale (e.g. open market / off-market /
public issue / rights issue / preferential allotment / inter-se
transfer etc).
Open Market sell
Date of sale of shares / VR or date of receipt of intimation
of allotment of shares, whichever is applicable
From 06-06-2025 till 09-06-2025
Equity share capital / total voting capital of the TC before
the sale
1,13,43,752
Equity share capital/ total voting capital of the TC after
the sale
1,13,43,752
Total diluted share/voting capital of the TC after the said
acquisition
1,13,43,752
AVEEN KAUR SOOD
Place: Gurgaon
Date: 12-07-2025
Encl.: Annexure
Sr
No
Name of
promoters
and
promoters
Groups
Category of
person
"Date of allotment advice/
acquisition of shares/
sale of shares
specify"
sal
Securities
held prior to
acquisition/
disposal
Securities acquired/disposed Securities held post
acquisition/disposal
From To Shares % of
share
holding
Shares %
of
share
holding
No. of shares % of
shareholding
1 Aveen Kaur
Sood
Promoter
06.06.25 06.06.25 6667942 58.782 90535 0.798 6577407 57.984
2 Aveen Kaur
Sood
Promoter
09.06.25 09.06.25 6577407 57.984 154507 1.362 6422900 56.622
_________________________
AVEEN KAUR SOOD
Promoter
Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
Name of the Target Company (TC)
CMX Holdings Limited (Formerly known as
SIEL Financial Services Limited)
Name(s) of the acquirer/Seller and Persons Acting in
Concert (PAC) with the acquirer/Seller
Aveen Kaur Sood
Whether the acquirer/Seller belongs to Promoter/Promoter
group
Yes
Name(s) of the Stock Exchange(s) where the shares of TC
are Listed
BSE
Details of the acquisition / disposal as follows
Number % w.r.t. total
share/votin
g capital
wherever
applicable
(*)
% w.r.t. total
diluted
share/voting
capital of the TC
(**)
Before the acquisition/ disposal under consideration,
holding of:
i)
Shares carrying voting rights
j)
Shares in the nature of encumbrance (pledge/ lien/
non-disposal undertaking/ others)
k)
Voting rights (VR) otherwise than by shares
l)
Warrants/convertible securities/any other instrument
that entitles the acquirer to receive shares carrying
voting rights in the T C (specify holding in each
category)
Total (a+b+c+d)
64,22,900
Nil
Nil
Nil
64,22,900
56.622%
Nil
Nil
Nil
56.622%
56.622%
Nil
Nil
Nil
56.622%
Details of acquisition/sale
i)
Shares carrying voting rights acquired/sold
j)
VRs acquired /sold otherwise than by shares
k)
Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) sold
l)
Shares encumbered / invoked/released by the
acquirer
Total (a+b+c+/-d)
3,15,753
Nil
Nil
Nil
3,15,753
2.784%
Nil
Nil
Nil
2.784%
2.784%
Nil
Nil
Nil
2.784%
After the acquisition/sale, holding of:
k)
Shares carrying voting rights
l)
Shares encumbered with the acquirer
m)
VRs otherwise than by shares
n)
Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) after acquisition
o)
Total (a+b+c+d)
61,07,147
Nil
Nil
Nil
61,07,147
53.838%
Nil
Nil
Nil
53.838%
53.838%
Nil
Nil
Nil
53.838%
Mode of acquisition / sale (e.g. open market / off-market /
public issue / rights issue / preferential allotment / inter-se
transfer etc).
Open Market sell
Date of sale of shares / VR or date of receipt of intimation
of allotment of shares, whichever is applicable
From 10-06-2025 till 12-06-2025
Equity share capital / total voting capital of the TC before
the sale
1,13,43,752
Equity share capital/ total voting capital of the TC after
the sale
1,13,43,752
Total diluted share/voting capital of the TC after the said
acquisition
1,13,43,752
AVEEN KAUR SOOD
Place: Gurgaon
Date: 12-07-2025
Encl.: Annexure
Sr
No
Name of
promoters
and
promoters
Groups
Category of
person
"Date of allotment advice/
acquisition of shares/
sale of shares
specify"
sal
Securities
held prior to
acquisition/
disposal
Securities acquired/disposed Securities held post
acquisition/disposal
From To Shares % of
share
holding
Shares %
of
share
holding
No. of shares % of
shareholding
1 Aveen Kaur
Sood
Promoter
10.06.25 10.06.25 6422900 56.622 117476 1.036 6305424 55.586
2 Aveen Kaur
Sood
Promoter
11.06.25 11.06.25 6305424 55.586 30000 0.264 6275424 55.321
3 Aveen Kaur
Sood
Promoter
12.06.25 12.06.25 6275424 55.321 168277 1.483 6107147 53.838
___________________
AVEEN KAUR SOOD
Promoter
Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
Name of the Target Company (TC)
CMX Holdings Limited (Formerly known as
SIEL Financial Services Limited)
Name(s) of the acquirer/Seller and Persons Acting in
Concert (PAC) with the acquirer/Seller
Aveen Kaur Sood
Whether the acquirer/Seller belongs to Promoter/Promoter
group
Yes
Name(s) of the Stock Exchange(s) where the shares of TC
are Listed
BSE
Details of the acquisition / disposal as follows
Number % w.r.t. total
share/votin
g capital
wherever
applicable
(*)
% w.r.t. total
diluted
share/voting
capital of the TC
(**)
Before the acquisition/ disposal under consideration,
holding of:
m)
Shares carrying voting rights
n)
Shares in the nature of encumbrance (pledge/ lien/
non-disposal undertaking/ others)
o)
Voting rights (VR) otherwise than by shares
p)
Warrants/convertible securities/any other instrument
that entitles the acquirer to receive shares carrying
voting rights in the T C (specify holding in each
category)
Total (a+b+c+d)
61,07,147
Nil
Nil
Nil
61,07,147
53.838%
Nil
Nil
Nil
53.838%
53.838%
Nil
Nil
Nil
53.838%
Details of acquisition/sale
m)
Shares carrying voting rights acquired/sold
n)
VRs acquired /sold otherwise than by shares
o)
Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) sold
p)
Shares encumbered / invoked/released by the
acquirer
Total (a+b+c+/-d)
2,36,245
Nil
Nil
Nil
2,36,245
2.083%
Nil
Nil
Nil
2.083%
2.083%
Nil
Nil
Nil
2.083%
After the acquisition/sale, holding of:
p)
Shares carrying voting rights
q)
Shares encumbered with the acquirer
r)
VRs otherwise than by shares
s)
Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) after acquisition
t)
Total (a+b+c+d)
58,70,902
Nil
Nil
Nil
58,70,902
51.755%
Nil
Nil
Nil
51.755%
51.755%
Nil
Nil
Nil
51.755%
Mode of acquisition / sale (e.g. open market / off-market /
public issue / rights issue / preferential allotment / inter-se
transfer etc).
Open Market sell
Date of sale of shares / VR or date of receipt of intimation
of allotment of shares, whichever is applicable
From 13-06-2025 till 16-06-2025
Equity share capital / total voting capital of the TC before
the sale
1,13,43,752
Equity share capital/ total voting capital of the TC after
the sale
1,13,43,752
Total diluted share/voting capital of the TC after the said
acquisition
1,13,43,752
AVEEN KAUR SOOD
Place: Gurgaon
Date: 12-07-2025
Encl.: Annexure
Sr
No
Name of
promoters
and
promoters
Groups
Category of
person
"Date of allotment advice/
acquisition of shares/
sale of shares
specify"
sal
Securities
held prior to
acquisition/
disposal
Securities acquired/disposed Securities held post
acquisition/disposal
From To Shares % of
share
holding
Shares %
of
share
holding
No. of shares % of
shareholding
1 Aveen Kaur
Sood
Promoter
13.06.25 13.06.25 6107147 53.838 77686 0.685 6029461 53.153
2 Aveen Kaur
Sood
Promoter
16.06.25 16.06.25 6029461 53.153 158559 1.398 5870902 51.755
____________________
AVEEN KAUR SOOD
Promoter
