Genesis IBRC Submits Postal Ballot Results with All 11 Resolutions Approved

2 min read     Updated on 06 Mar 2026, 12:59 PM
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Reviewed by
Shriram SScanX News Team
Overview

Genesis IBRC India Limited successfully completed its postal ballot process and submitted comprehensive voting results to BSE Limited, with shareholders unanimously approving all 11 resolutions covering corporate name change to CCME Global Limited, business expansion into FMCG and commodities sectors, and strategic board appointments including Ms. Poonam Chaturvedi as Managing Director.

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

Genesis IBRC India Limited has successfully submitted its postal ballot voting results and scrutinizer's report to BSE Limited on March 6, 2026, following the completion of the postal ballot process on March 5, 2026. The submission, made pursuant to Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirms that shareholders approved all 11 resolutions covering the company's comprehensive corporate transformation.

Postal Ballot Process and Participation

The postal ballot was conducted through remote e-voting facility provided by Central Depository Services (India) Limited from February 4, 2026 at 9:00 a.m. to March 5, 2026 at 5:00 p.m. Mr. Piyush A. Gohel (Membership no. F9068, COP no.: 27451), Practicing Company Secretary from Mumbai, served as the scrutinizer for the entire process.

Participation Details: Numbers
Total Shareholders on Record: 1,895
Cut-off Date: January 30, 2026
Total Shares Outstanding: 1,30,00,000
Total Votes Polled: 1,11,25,480
Voting Percentage: 85.58%

Resolution-wise Voting Results

All 11 resolutions received unanimous approval from voting shareholders, with 100.00% votes in favor across all items. The resolutions covered critical corporate changes including name transformation, business expansion, and leadership appointments.

Resolution Type: Count Approval Status
Special Resolutions: 6 All Approved
Ordinary Resolutions: 5 All Approved
Total Resolutions: 11 100% Success Rate

Key Corporate Transformations Approved

The most significant changes include the company's name change from Genesis IBRC India Limited to CCME Global Limited, reflecting the organization's new strategic direction. Shareholders also approved comprehensive alterations in the main object clause, expanding business operations to include FMCG, commodities, and minerals sectors with an estimated investment of up to INR 3,000.00 lakhs targeting Middle East markets.

Board Leadership Restructuring

The postal ballot approved multiple board appointments strengthening the company's governance structure. Ms. Poonam Chaturvedi was appointed as Managing Director, while Mr. Padmanaban Krishnamoorthy was regularized as Non-Executive Director and Chairperson. The board also welcomed Ms. V. Varalakshmi as Non-Executive Director and added independent directors Mr. Ashok Chhaganbhai Patel and Ms. Ritika Agrawal.

Leadership Position: Appointee DIN Number
Managing Director: Ms. Poonam Chaturvedi 05163733
Chairperson: Mr. Padmanaban Krishnamoorthy 11154883
Independent Director: Mr. Ashok Chhaganbhai Patel 08024669
Independent Director: Ms. Ritika Agrawal 07106764

Regulatory Compliance and Documentation

The company fulfilled all regulatory requirements by publishing advertisements in Financial Express (English) and Neti Manadesam (Telugu) newspapers on February 3, 2026, regarding the postal ballot dispatch. The voting results and scrutinizer's report are available on the company's website at www.genesisil.com and CDSL's e-voting platform at www.evotingindia.com , ensuring transparency and accessibility for all stakeholders.

Historical Stock Returns for Genesis IBRC

1 Day5 Days1 Month6 Months1 Year5 Years
+4.96%+13.14%+2.49%+118.13%+375.03%+1,067.83%

Genesis IBRC India Limited Reports Q3FY26 Net Loss of ₹3.18 Lakhs

2 min read     Updated on 14 Feb 2026, 11:11 PM
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Reviewed by
Ashish TScanX News Team
Overview

Genesis IBRC India Limited reported Q3FY26 results with a net loss of ₹3.18 lakhs compared to ₹2.65 lakhs loss in Q3FY25. The nine-month period showed a significant deterioration with a loss of ₹21.46 lakhs versus a profit of ₹352.70 lakhs in the previous year. The Board approved these unaudited results on February 14, 2026, maintaining compliance with SEBI regulations.

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

Genesis IBRC India Limited announced its unaudited financial results for the third quarter of FY26, revealing continued operational challenges with a net loss of ₹3.18 lakhs for the quarter ended December 31, 2025.

Financial Performance Overview

The company's Q3FY26 results showed a deterioration in financial performance compared to the previous year. The net loss increased to ₹3.18 lakhs from ₹2.65 lakhs in Q3FY25, representing a widening of losses year-over-year.

Metric Q3FY26 Q3FY25 Q2FY26
Net Loss ₹3.18 lakhs ₹2.65 lakhs ₹6.47 lakhs
Total Expenses ₹3.18 lakhs ₹2.65 lakhs ₹6.47 lakhs
Other Expenses ₹1.80 lakhs ₹1.50 lakhs ₹5.40 lakhs
Finance Cost ₹1.38 lakhs ₹1.15 lakhs ₹1.07 lakhs

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025, presented a stark contrast to the previous year's performance. Genesis IBRC India Limited reported a net loss of ₹21.46 lakhs for the nine months of FY26, compared to a net profit of ₹352.70 lakhs in the corresponding period of FY25.

Parameter 9M FY26 9M FY25
Net Result Loss of ₹21.46 lakhs Profit of ₹352.70 lakhs
Total Expenses ₹21.46 lakhs ₹14.02 lakhs
Other Expenses ₹10.80 lakhs ₹3.60 lakhs
Finance Cost ₹10.66 lakhs -

Corporate Governance and Compliance

The Board of Directors of Genesis IBRC India Limited convened on February 14, 2026, to review and approve the quarterly financial results. The meeting commenced at 4:00 PM and concluded at 4:30 PM. Managing Director Poonam Chaturvedi (DIN: 05163733) signed off on the results, ensuring compliance with SEBI regulations.

The financial results were prepared in accordance with Indian Accounting Standards (Ind-AS) and reviewed by the company's statutory auditors as per Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Capital Structure and Earnings Per Share

Genesis IBRC India Limited maintains a consistent capital structure with a paid-up equity share capital of ₹1,300.00 lakhs, comprising shares with a par value of ₹10 each. The earnings per share (EPS) for Q3FY26 stood at negative ₹0.02 (both basic and diluted), compared to negative ₹0.02 in Q3FY25.

EPS Metrics Q3FY26 Q3FY25 9M FY26 9M FY25
Basic EPS -₹0.02 -₹0.02 -₹0.17 ₹2.71
Diluted EPS -₹0.02 -₹0.02 -₹0.17 ₹2.71

The company operates in a single business segment, and the financial results pertain to this unified operational structure. Genesis IBRC India Limited, formerly known as SSK Lifestyles Limited, continues to navigate operational challenges while maintaining regulatory compliance and transparency in financial reporting.

Historical Stock Returns for Genesis IBRC

1 Day5 Days1 Month6 Months1 Year5 Years
+4.96%+13.14%+2.49%+118.13%+375.03%+1,067.83%

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1 Year Returns:+375.03%