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...
15 May, 2024, 01.20 PM IST
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...
29 Feb, 2024, 06.03 AM IST
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
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
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
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...
11 Apr, 2023, 06.35 PM IST
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...
11 Apr, 2023, 03.59 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
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