Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company at its ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CMX Holdings reported its Q1 FY26 (quarter ended June 30, 2025) unaudited results, posting a net loss of ₹750.72 thousand against a loss of ₹25.94 thousand in the same quarter last year. Total income stood at just ₹450 thousand (down from ₹945 thousand YoY), with zero revenue from operations and the company's NBFC license application having been rejected by the RBI, leaving operations restricted to services. The board also re-appointed M/s Ajay & Ajay Co. as Internal Auditor for FY25-26. The statutory auditor (S.K. Mehta & Co.) issued a Qualified Conclusion, flagging unreconciled unsecured borrowings of ₹34,087.61 thousand, accumulated losses of ₹1,70,813.94 thousand that have fully eroded net worth, and chronic negative operating cash flows casting material uncertainty on the going concern assumption. Separately, an acquirer signed a Share Purchase Agreement on June 24, 2025 to buy 51.75% stake at ₹7/share and has launched an open offer at ₹9.70/share for an additional 26% of equity.
This is a deeply stressed micro-cap entity with zero operating revenue, fully eroded net worth, and a qualified auditor report citing going concern uncertainty — a change-of-control takeover via the open offer is the most material near-term catalyst for shareholders, with the offer price of ₹9.70/share serving as a likely price floor.