Riwind Green Energy Limited Submits SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 15 Apr 2026, 08:03 PM
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Riwind Green Energy Limited (formerly CMX Holdings Limited) has filed its compliance certificate under SEBI Regulation 74(5) for Q4 FY26 with BSE Limited. The certificate, submitted on April 15, 2026, confirms that all securities received for dematerialization during January-March 2026 were processed within the mandatory 15-day timeframe. The filing demonstrates the company's adherence to regulatory requirements for depository and participant regulations.

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Riwind Green Energy Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The company, formerly known as cmx holdings Limited, filed the mandatory documentation for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The compliance certificate was submitted on April 15, 2026, addressing the requirements under Regulation 74(5) of SEBI regulations. The filing was made to BSE Limited's Manager, Listing & Compliance department, with the company trading under scrip code 532217.

Filing Details: Information
Quarter Ended: March 31, 2026
Filing Date: April 15, 2026
Regulation: SEBI Regulation 74(5)
Exchange: BSE Limited
Scrip Code: 532217

Certificate Confirmation

The registrar and transfer agent, MAS Services Limited, provided confirmation regarding the company's compliance with dematerialization requirements. The certificate confirms that all securities received from Depository Participants during the period from January 1, 2026, to March 31, 2026, were processed within the mandatory 15-day timeframe.

Key compliance confirmations include:

  • Securities received for dematerialization were confirmed within 15 days of receipt
  • Security certificates were properly mutilated and cancelled after verification
  • Depository names were substituted in the register of members within the stipulated timeframe
  • Updates were provided to depositories and stock exchanges within the required 15-day limit

Corporate Information

The filing was signed by Amay Vatsalya, Whole Time Director of Riwind Green Energy Limited. The company maintains its registered address at 4th Floor, Soni Mansion, 12-B Ratlam Kothi, Indore, Madhya Pradesh, with CIN L74110MP1990PLC007674.

Registrar Services

MAS Services Limited, serving as the registrar and transfer agent, confirmed the proper handling of dematerialization processes during the quarter. The registrar, based in New Delhi, provided the necessary certification dated April 2, 2026, confirming compliance with all regulatory requirements under SEBI regulations.

Historical Stock Returns for CMX Holdings

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What strategic initiatives is Riwind Green Energy planning to implement in the renewable energy sector following its corporate transformation from CMX Holdings?

How might the company's compliance track record impact its ability to raise capital for future green energy projects?

Will Riwind Green Energy consider listing on additional exchanges beyond BSE to improve liquidity and market access?

CMX Holdings Limited Reports Q3 FY26 Net Loss of ₹1,778 Thousand Amid Operational Constraints

2 min read     Updated on 27 Jan 2026, 09:20 PM
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Naman SScanX News Team
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CMX Holdings Limited reported a net loss of ₹1,778 thousand for Q3 FY26 with total income of ₹235 thousand from other sources only. The company faces operational restrictions from RBI rejection of its NBFC application and has accumulated losses of ₹2,41,771 thousand. Shareholders approved major corporate changes including name change to Riwind Green Energy Limited and authorized capital increase to ₹2,500 crore, subject to regulatory approvals.

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CMX Holdings Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing continued operational challenges and mounting losses. The company's Board of Directors approved these results during a meeting held on January 27, 2026.

Financial Performance Overview

The company's financial performance for Q3 FY26 reflects ongoing difficulties in its business operations:

Metric Q3 FY26 Q3 FY25 Nine Months FY26 Nine Months FY25
Total Income ₹235 thousand ₹(100) thousand ₹1,135 thousand ₹2,031.03 thousand
Net Loss ₹(1,778) thousand ₹(1,370.43) thousand ₹(4,603.79) thousand ₹(1,344.36) thousand
Basic EPS ₹(0.16) ₹(0.12) ₹(0.41) ₹(0.12)

Revenue and Expense Analysis

CMX Holdings reported no revenue from operations during the quarter, with total income of ₹235 thousand coming entirely from other income sources. This represents an improvement from the negative ₹100 thousand recorded in Q3 FY25. However, the company's expenses significantly outweighed its income:

Expense Category Q3 FY26 Q3 FY25
Employee Benefits ₹258.38 thousand ₹609.01 thousand
Finance Cost ₹1,209.97 thousand ₹-
Other Expenses ₹544.66 thousand ₹661.42 thousand
Total Expenses ₹2,013 thousand ₹1,270.43 thousand

Operational Constraints and Going Concern Issues

The company faces severe operational limitations as it is not permitted to carry non-banking financial business due to the rejection of its application by the Reserve Bank of India. Current operations are restricted to income from services and realization of debtors and advances. The company has accumulated losses of ₹2,41,771 thousand as of December 31, 2025, which has completely eroded its net worth.

Corporate Developments

During the quarter, shareholders approved several significant resolutions through postal ballot concluded on December 25, 2025:

  • Appointment of whole-time directors and independent directors
  • Increase in authorized share capital from ₹30 crore to ₹2,500 crore
  • Alteration of Memorandum and Articles of Association
  • Shifting of registered office from Madhya Pradesh to Maharashtra
  • Change of company name to 'Riwind Green Energy Limited' (subject to approvals)

Auditor Observations

The statutory auditors issued a qualified review report highlighting several concerns including unconfirmed borrowings of ₹54,262.21 thousand in non-current borrowings and ₹14,587.17 thousand in current borrowings. The auditors noted material uncertainty regarding the company's ability to continue as a going concern due to accumulated losses and negative operating cash flows.

Financial Position

The company's paid-up equity share capital stands at ₹113,437.52 thousand with a face value of ₹10 per share. The earnings per share for Q3 FY26 was ₹(0.16) compared to ₹(0.12) in the corresponding quarter of the previous year, indicating deteriorating per-share performance.

Historical Stock Returns for CMX Holdings

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