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SEBI ON BRIGHTCOM GROUP
Two former Brightcom Group officials settle with Sebi in financial reporting caseTwo former Brightcom Group officials have settled with Sebi over alleged financial statement irregularities and disclosure failures between...- Sebi slaps Rs 34 cr fine on Brightcom Group, promoters for misrepresenting financialsMarkets regulator Sebi on Thursday slapped penalties totalling Rs 34 crore on Brightcom Group Ltd, its promoters, and others, for misrepres...
- Brightcom Group stock suspended from trading on BSE, NSEBrightcom Group shares have been halted from trading on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) today. T...
- NSE to suspend trading in Brightcom Group shares, moves it to Z categoryA circular issued by NSE stated that trading in securities of Brightcom Group will remain suspended until the company complies with the abo...
- Sebi refuses to lift ban on Brightcom's Reddy, othersIn its order, the capital market regulator noted that the prima facie findings that Brightcom Group had funded its own preferential allotme...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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.
- 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...
- 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...
- 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...
- 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...
- 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. ...
- Sebi resolves 2,838 complaints through SCORES platform in MarchThe regulator also noted that as of March 2023, 13 complaints were pending for more than three months. These complaints were related to inv...
- Sebi resolves 2,838 complaints through SCORES platform in MarchIn a separate public notice, Sebi mentioned eight entities against whom complaints have been pending for more than three months on SCORES a...
- 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...
- 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...
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