Demise of Secretarial Auditor Mr. Ashok Patel

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RAMAPHO · price

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

+0.8%Reaction day

₹120.00

prior close

₹120.79

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+0.7% vs market

Fertilizers peers, median of 21sector-0.6%+1.4% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 1.4 pts more than its Fertilizers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+0.1+0.7-0.6+1.4

Next day

+1.6+0.5+1.0-1.3+2.9

+0.9-0.1+1.0-0.2+1.2

+2.3+0.4+1.9-0.4+2.7

+1.4+0.7+0.7+0.5+0.9

+1.0+0.9+0.1-0.2+1.3

+7.0+1.1+5.9+0.9+6.1

15d

+2.6+1.6+1.0-1.6+4.2

-1.4-0.7-0.6-4.6+3.2

-9.6-3.2-6.3-9.5-0.1

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UpDownMarket · Nifty Microcap 250Sector · Fertilizers peers, median of 21Pending

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

AI summary

Rama Phosphates informed stock exchanges about the unfortunate demise of Mr. Ashok Patel, their Secretarial Auditor from M/s. Ashok Patel and Associates (COP 15326), on August 16, 2026. He had been associated with the company for about one year and played a key role in board deliberations. The Chairman and Managing Director and all Directors expressed deep condolences. The company will need to appoint a replacement secretarial auditor.

Likely market impact

Minor governance event. No material impact on operations or financials. A new secretarial auditor will need to be appointed by the Board.