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Siel Financial Services LtdResults, 14-08-2025: Result

14-08-2025 | 02:41 pm

CMX Holdings' Board approved Q1 FY26 financial results, reporting a loss of ₹0.075 Cr. The company re-appointed Ajay & Ajay Co. as Internal Auditor. A key development is the ongoing takeover bid where an acquirer plans to buy a 51.75% stake for ₹4.11 Cr, followed by an open offer for additional shares. The auditors issued a qualified review, raising concerns about the company's going concern status due to ₹17.08 Cr in accumulated losses and unconfirmed borrowings. The company's NBFC application was rejected, limiting current operations to service income.

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