Independent Director Mr. Ashok Patel passes away

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Price reactionminutes from the announcement price · days from the prior close

-4.9%Reaction day

₹59.60

prior close

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announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.6%-4.4% vs market

Biotechnology peers, median of 5sector+0.0%-4.9% vs sector

On the reaction day the stock moved 4.4 pts less than Nifty Microcap 250 and 4.9 pts less than its Biotechnology peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-4.9-0.6-4.4+0.0-4.9

Next day

-9.6-0.1-9.6+0.6-10.3

-14.1+0.2-14.3+0.0-14.1

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-22.4+0.0-22.4-1.9-20.5

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-33.3+0.7-34.0-2.0-31.3

15d

-52.9+1.5-54.4-1.0-52.0

-35.8+0.2-36.0-3.0-32.8

-40.9-3.7-37.1-9.9-30.9

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UpDownMarket · Nifty Microcap 250Sector · Biotechnology peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CCME Global Limited (formerly Genesis IBRC India Limited) has informed BSE of the sad demise of Mr. Ashok Chhaganbhai Patel, Independent Non-Executive Director (DIN: 08024669), on August 15, 2026. The Board recorded condolences and recognised his contributions during his tenure. The company will need to fill this vacant Independent Director seat to comply with SEBI LODR board composition norms.

Likely market impact

Company loses one Independent Director and must appoint a replacement to meet SEBI board composition rules. Minor governance event with limited stock impact.