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BSERECODE STUDIOS LIMITED· Personal ProductsHighNegative
Announced Tue, 18 Aug, 2026 · 15:57 IST

Independent Director Mr. Sarat Kumar Mishra resigns citing travel constraints

Management Changes View source PDFExplain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+1.8%Reaction day
₹328.00
prior close
₹344.95
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+2.4% vs market
Personal Care peers, median of 14sector-0.2%+2.0% vs sector

On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250 and 2.0 pts more than its Personal Care 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
5m
-4.3
10m
-2.9
15m
-1.4
30m
-0.3
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.8-0.6+2.4-0.2+2.0
Next day
-4.9-0.1-4.8-0.1-4.7
2d
-3.4+0.2-3.5-0.7-2.6
3d
-3.9+0.4-4.4-1.2-2.7
4d
-4.9+0.0-4.9-0.2-4.7
5d
-9.5+0.6-10.0-0.7-8.8
1w
-9.1+0.7-9.8-1.4-7.8
15d
+5.8+1.5+4.3-3.9+9.7
1m
+15.2+0.2+15.0-5.2+20.5
2m
+28.0-3.7+31.8-6.2+34.2
3m
—————
UpDownMarket · Nifty Microcap 250Sector · Personal Care peers, median of 14Pending

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

AI summary

Independent Director Mr. Sarat Kumar Mishra (DIN: 06689017) has resigned from Recode Studios with effect from close of business on 17.08.2026. He stated he could not travel to Ludhiana from Delhi to attend board and committee meetings in person. He also ceased to be Chairman of the Nomination and Remuneration Committee and member of the Audit Committee and Stakeholders Relationship Committee. He confirmed no other material reasons for the exit.

Likely market impact

Routine board change driven by personal logistics, not governance concerns. Company will need to fill vacant committee roles, including the NRC chair, soon.