Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.1 pts more than Nifty Microcap 250 and 4.4 pts more than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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CMX Holdings held a board meeting on 11 November 2025 covering several major decisions. The Board appointed Mr. Amay Vatsalya as Whole-Time Director and Mr. Dheeraj Mishra as Whole-Time Director & Chief Financial Officer, both effective immediately and pending shareholder approval. The Board also noted the resignation of the existing Chief Financial Officer and of Director Aveen Kaur Sood. The Board approved a massive 83x increase in authorised share capital from ₹30 crore to ₹2,500 crore (3 crore to 250 crore equity shares of ₹10 each). The registered office is proposed to shift from Madhya Pradesh to Maharashtra, and the MOA's object clause is being amended to add FMCG, renewable energy (solar, biofuels, EV charging), food processing, dairy, edible oils, and beverages businesses.
This signals a major strategic pivot from financial services into FMCG and renewable energy, with a significant leadership overhaul at the top. The huge jump in authorised share capital hints at a possible future fundraising or equity dilution, which existing shareholders should watch closely. All key items require shareholder approval via postal ballot.