Sebi’s confirmatory order against Brightcom Group bars CMD from holding directorial roleThe regulator has modified its directive against chief financial officer Narayan Raju by restraining him from holding the position of a dir...
28 Feb, 2024, 08.04 PM IST
Corporate actions this week: Bajaj Holdings & Investment to go ex-dividend, Hindustan Aeronautics ex-split and moreThe ex-dividend date is when the price of the equity shares of a company gets adjusted for the dividend payout. It is one or two working da...
24 Sep, 2023, 10.34 AM IST
Suresh Reddy steps down as Brightcom CMD, Narayana Raju as CFO; stock tanks 5%The resignations come following the Enforcement Directorate (ED) raids at the offices of Brightcom Group, as well as at the residences of R...
28 Aug, 2023, 11.18 AM IST
ED searches Brightcom Group offices, CMD residence; finds violation of FEMA ActEarlier this month, Sebi passed a second interim order against Brightcom Group, restraining Reddy and Raju from holding any directorial pos...
26 Aug, 2023, 05.19 PM IST
India's Brightcom reviews options after market regulator finds share allotment lapsesIndia's market regulator said on Tuesday that Brightcom attempted to "cover-up its misdeds" by submitting forged and fabricated bank statem...
23 Aug, 2023, 01.53 PM IST
Brightcom shares tank 5% after Sebi ban on promoters; Shankar Sharma respondsSharma responded to the issue on his official X handle and said, "We have submitted all reqd reconciled remittance data to SEBI today, tota...
23 Aug, 2023, 10.22 AM IST
Brightcom chief, CFO barred from holding director posts in listed companiesThe regulator has also restrained the company's chief financial officer Narayan Raju from holding director posts in any listed company.
23 Aug, 2023, 06.17 AM IST
Brightcom’s top officials barred from directorial posts; Shankar Sharma can’t trade co shares: SebiThe restraining order is following an investigation that revealed that the above-mentioned officials were involved in round-tripping of the...
22 Aug, 2023, 08.49 PM IST
Brightcom Group turns multibagger in just one month, soars 102%Brightcom Group's shares have surged by 102% in a month, despite concerns over the ad-tech and digital advertising company's accounting pra...
02 Jun, 2023, 02.41 PM IST
Shankar Sharma-owned smallcap stock rallies 75% in 12 sessions despite unfavorable Sebi order. Should you buy?Brightcom Group stock shot up nearly 5% on Wednesday, extending gains to 12 consecutive sessions. The stock, held by ace investor Shankar S...
17 May, 2023, 03.51 PM IST
Brightcom shares hit 5% lower circuit after Sebi issues show-cause noticeHeadquartered in Hyderabad, Brightcom is in the business of ad-tech, new media and digital advertising, and has subsidiaries and operations...
17 Apr, 2023, 12.19 PM IST
Major setback! SEBI issues showcause notice to Brightcom Group on alleged fraudThe interim order has been passed against the company, Suresh Kumar Reddy, Vijay Kancharia, Yerradoddi Ramesh Reddy, and Y. Srinivasa Rao. ...
13 Apr, 2023, 11.50 PM IST
Tech darling that rose 2,500% now among India’s worst performersThe “SEBI needs to move faster, and strengthen its investigation mechanism,” said Harish Kumar, a partner at Luthra and Luthra Law Offices ...
29 Dec, 2022, 08.23 AM IST
Brightcom calls off Rs 566-crore deal to acquire MediaMint; to go for strategic allianceBoth Brightcom and MediaMint have experienced rapid rise in revenue and profitability in FY22. The companies determined this plan would hel...
13 Sep, 2022, 08.49 PM IST
Shankar Sharma’s new favourite multibagger tanks 5%. What's wrong?As of 12.05 pm, the stock was down 5 per cent at Rs 113.10. There were around 2.44 crore sell orders across exchanges and no buyers in sigh...
02 Mar, 2022, 01.03 PM IST
Sebi orders forensic audit of Brightcom GroupThe regulator has appointed Deloitte Touche Tohmatsu as the forensic auditor to examine if there has been any manipulation of books of acco...
02 Mar, 2022, 06.29 AM IST
Market movers: This microcap's foray into NFT sparks 10% rally in sharesShares of Brightcom Group hit 5 per cent upper circuit on announcing record date for bonus issue of shares. The company decided to set Marc...
18 Feb, 2022, 07.22 PM IST