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Awaiting price reaction for this filing.
CMX Holdings has issued a Postal Ballot Notice seeking shareholder approval for 10 key resolutions via remote e-voting (Nov 26 to Dec 25, 2025). The most significant items include: (1) changing the company's name to 'Riwind Green Energy Limited', (2) a massive increase in authorised share capital from ₹30 crore to ₹2,500 crore (creating room for 250 crore equity shares of ₹10 each), and (3) altering the object clause to add businesses in renewable energy (solar, wind, hydrogen, biofuels), power generation and transmission, food processing, dairy, edible oils, and beverages. Other items include shifting the registered office from Madhya Pradesh to Maharashtra, appointment of Amay Vatsalya and Dhiraj Mishra as Whole-time/Executive Directors (with a minimum remuneration cap of ₹18 lakh per annum), and appointment of three Independent Directors (Pulkit Patel, Ujjval Sangtani, Shruti Gupta) for 5-year terms.
This signals a major strategic pivot for the company toward green energy and food/agri businesses, likely involving a substantial fundraising or share issuance given the ~83x increase in authorised capital. Shareholders should evaluate the new business direction carefully before voting; results will be announced by December 27, 2025.