Board Meeting on October 16, 2026 to Consider Raising of Funds
Riwind Green Energy Ltd (formerly CMX Holdings Ltd) has intimated BSE about a Board Meeting.
By ScoutQuest · · 2 min read
- Board Meeting Date
- Friday, October 16, 2026
- Agenda
- to consider, evaluate and, if thought fit, approve raising of funds
- Trading Window
- closed till 48 hours after the outcome is disclosed
What the company has told the exchange
Riwind Green Energy Limited (formerly CMX Holdings Limited) has informed BSE that a meeting of its Board of Directors is scheduled to be held on Friday, October 16, 2026.
The main item on the agenda is to consider, evaluate and, if thought fit, approve the raising of funds.
What the Board can consider issuing
- Equity shares and/or any other eligible securities or instruments
- Preference shares
- Convertible or non-convertible debentures
- Warrants
- Securities convertible into or exchangeable for equity shares
- Any other equity-linked or other eligible securities, or a combination of these
The issue can be done in one or more tranches.
How the money can be raised
- Qualified institutions placement
- Preferential issue
- Private placement
- Rights issue
- Further public offer
- Debt issue
- Any other method or combination permitted under applicable laws
What is left to the Board to decide
- The aggregate amount to be raised
- The nature and type of securities or instruments
- The issue size
- The price or pricing mechanism
- The timing and manner of the issuance
- Appointment of intermediaries and advisors
Where required, the company will also seek approval of its shareholders and obtain other regulatory, statutory or other approvals, consents, permissions or sanctions.
Trading window
Under the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's own Code of Conduct, the trading window for dealing in the company's securities is presently closed for all Designated Persons and their immediate relatives. It will remain closed until the expiry of 48 hours after the outcome of the Board Meeting is disclosed to the stock exchange(s), or such later date as may be applicable.
How a retail investor can read this
This is a prior intimation, which means the company is telling the exchange in advance what its Board will discuss. The decision itself has not been taken yet — the Board will consider, evaluate and, if thought fit, approve the proposal.
The update does not fix the amount to be raised, the price, the instrument or the route; these are to be determined by the Board. The announcement therefore sets out the agenda and the range of options available, rather than a concluded fund-raising plan.
For a shareholder, the important thing to track is the outcome of the October 16, 2026 meeting, which would carry the specific details such as the instrument chosen, the amount and the pricing. Whether the eventual issue is seen as positive or dilutive would depend on those details, which are not part of this intimation.
Also from CMX Holdings
EGM on 16 Nov 2026 to vote on Rs. 150 crore QIP and increase in authorised share capital
23 Oct 2026
Board approves authorised capital increase, ₹150 crore QIP and preferential issue of up to ~11.29 crore warrants
16 Oct 2026
Proceedings of 35th AGM held via video conferencing; four resolutions placed before members
1 Oct 2026
More numbers
- Trading window closure period after outcome disclosure48 hours
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