The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aveen Kaur Sood
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Aveen Kaur Sood, Promoter and Managing Director of CMX Holdings Ltd, sold a total of 1,25,669 equity shares (1.107% of paid-up capital) through open market transactions between March 21 and March 28, 2025. The sales were spread across four trading days: 6,477 shares on March 21, 30,000 on March 26, 71,192 on March 27, and 18,000 on March 28. Post-sale, her holding reduced from 71,80,234 shares (63.296%) to 70,54,565 shares (62.189%).
This is a promoter offloading shares worth over 1% of the company, which may be viewed negatively by retail investors as it signals reduced promoter skin-in-the-game, though the promoter still retains majority control at 62.19% so there is no change of control concern.