CCME Global Limited Receives BSE Listing Approval for 3,22,50,000 Equity Shares Issued on Preferential Basis

1 min read     Updated on 30 Apr 2026, 04:32 PM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

CCME Global Limited (formerly Genesis IBRC India Limited) received BSE listing approval on April 29, 2026, for 3,22,50,000 equity shares of INR 10 each issued at par on preferential basis to promoters and non-promoters. The shares carry distinctive numbers from 13000001 to 45250000, and the company announced this development on April 30, 2026, under Regulation 30 compliance. BSE has specified various compliance requirements including SEBI regulation adherence and mandated trading approval application within seven working days of listing approval.

powered bylight_fuzz_icon
39092524

*this image is generated using AI for illustrative purposes only.

CCME Global Limited (formerly known as Genesis IBRC India Limited) has received listing approval from BSE Limited for a significant equity share issuance on preferential basis. The company announced this development on April 30, 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Share Issuance Details

The BSE approval covers the listing of substantial equity shares issued to both promoters and non-promoters on a preferential basis.

Parameter: Details
Number of Shares: 3,22,50,000 equity shares
Face Value: INR 10 each
Issue Price: At par (INR 10)
Distinctive Numbers: 13000001 to 45250000
Issue Basis: Preferential issue
Recipients: Promoters and Non-Promoters

BSE Approval and Compliance Requirements

BSE Limited granted the listing approval on April 29, 2026, through its letter reference LOD/PREF/DA/FIP/150/2026-27. The exchange has specified several compliance requirements that the company must fulfill.

Key compliance obligations include:

  • Adherence to Regulation 167 of SEBI (ICDR) Regulations
  • Filing shareholding pattern in XBRL mode if changes exceed two percent of total paid-up share capital
  • Compliance with Regulation 31(1)(c) of SEBI LODR Regulations, 2015

Trading Approval Requirements

BSE has outlined specific conditions that must be met before trading approval is granted for the newly issued shares:

  • Listing approval from National Stock Exchange of India Ltd. (if applicable)
  • Confirmation letters from NSDL/CDSL regarding crediting shares to beneficiary accounts
  • Confirmation of admitting the capital to the depository system
  • Lock-in confirmation for pre-preferential holdings (if applicable)

Timeline and Regulatory Compliance

The company must submit an application for trading approval within seven working days from the date of listing approval, as per Schedule XIX of ICDR Regulations and SEBI circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023. Non-compliance with this timeline requirement will attract penalties as specified in the regulatory circular.

Company Information

CCME Global Limited operates under CIN L46909AP1992PLC107068 with its registered office located in Eluru, Andhra Pradesh, and corporate office in Mumbai. The announcement was signed by Poonam Chaturvedi, Managing Director (DIN: 05163733), confirming the receipt of BSE's listing approval for the preferential issue.

Historical Stock Returns for CCME Global

1 Day5 Days1 Month6 Months1 Year5 Years
+4.63%+18.97%+13.10%-29.11%+453.93%+1,400.67%

How will CCME Global utilize the INR 32.25 crore raised through this preferential issue for its business expansion or debt reduction?

What impact will the dilution from 3.22 crore new shares have on existing shareholders' voting rights and earnings per share?

Will CCME Global seek concurrent listing approval from NSE to enhance liquidity and trading volumes for the new shares?

CCME Global Limited Confirms Non-Applicability of Large Corporate Entity Disclosure Requirements

1 min read     Updated on 17 Apr 2026, 09:43 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

CCME Global Limited has notified BSE that it does not qualify as a Large Corporate Entity under SEBI regulations as of March 31, 2026. The company's outstanding long-term borrowings remain below the ₹1,000 crore threshold with original maturity exceeding one year, which is the key criterion for LC classification. Consequently, the company is exempt from filing additional disclosures required under SEBI circulars dated November 26, 2018, and October 19, 2023.

powered bylight_fuzz_icon
37944827

*this image is generated using AI for illustrative purposes only.

CCME Global Limited has informed BSE Limited that it does not qualify as a Large Corporate Entity under current SEBI regulations, exempting it from specific disclosure requirements applicable to larger corporations.

Regulatory Compliance Notification

The company submitted its intimation on April 16, 2026, referencing SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars establish the framework for Large Corporate (LC) classification and associated disclosure obligations.

Classification Criteria Assessment

CCME Global Limited confirmed that as of March 31, 2026, it does not meet the Large Corporate Entity criteria. The primary determining factor is the company's outstanding long-term borrowings, which remain below the regulatory threshold.

Parameter Status
Outstanding Long-Term Borrowings Below ₹1,000 crore
Original Maturity Period More than 1 year
LC Classification Not applicable
Disclosure Obligation Not required

Regulatory Framework Details

Under the SEBI framework, companies are classified as Large Corporate Entities if they have outstanding long-term borrowings exceeding ₹1,000 crore with an original maturity of more than one year. This classification triggers specific disclosure requirements designed to enhance transparency for larger corporate borrowers.

Company Information

The notification was signed by Poonam Chaturvedi, Managing Director (DIN: 05163733), and submitted from the company's Mumbai office. CCME Global Limited, formerly known as Genesis IBRC India Limited, operates under CIN L46909AP1992PLC107068 with its registered office located in Eluru, Andhra Pradesh.

Implications

Since the company does not fall under the Large Corporate category, it is not obligated to file the additional disclosures mandated by the referenced SEBI circulars. This classification reflects the company's current financial structure and borrowing profile as assessed against regulatory thresholds.

Historical Stock Returns for CCME Global

1 Day5 Days1 Month6 Months1 Year5 Years
+4.63%+18.97%+13.10%-29.11%+453.93%+1,400.67%

What are CCME Global's expansion plans that could potentially push their long-term borrowings above the ₹1,000 crore threshold?

How might the company's exemption from enhanced disclosure requirements affect investor confidence and market transparency?

Will SEBI consider lowering the Large Corporate Entity threshold in future regulatory updates to capture more mid-sized companies?

More News on Genesis IBRC

1 Year Returns:+453.93%