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SIEL Financial Services approves to change its name, plans to set up subsidiary

The Board also discussed on approval for setting up of subsidiary company with the name of CMX Sealing Solutions Private Limited, or any other name.

August 30, 2021 2:32 IST | India Infoline News Service
Stock Market Trader, Stock Trader, Trading
SIEL Financial Services Ltd has informed that the Board of Directors at their meeting on August 28, 2021 has approved the change of name of Company, subject to approval of members, to CMX Global Limited or CMX Holdings Limited or any other name as may be approved by the Registrar of Companies.

Further, in the meeting the Board also discussed on approval for setting up of subsidiary company with the name of CMX Sealing Solutions Private Limited, or any other name as may be approved by Registrar of Companies.

The Board of Directors has approved the appointment of Parmeet Singh Sood as Managing Director of Company.

At around 2:30 PM, Siel Financial Services was trading at Rs14.10 apiece down by Rs0.7 or 4.73% on the BSE.

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