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Brightcom clarifies on promoter stake sale but lots of questions still unanswered

Promoter shareholding in Brightcom declined from 40.45 percent on March 31, 2014 to 13.96 percent on March 31, 2020. The company has issued a clarification to shareholders but is yet to reply to the SEBI notice, which questions the firm’s accounting practices ....

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Brightcom says 'taking legal advice' over SEBI's showcause notice; stock down 47% in 2023 so far

Brightcom said it will respond to SEBI over reasons for treating the impairment charges in a particular manner, as well as on the other issues raised by the market watchdog ....

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SEBI cracks down on Brightcom Group for accounting irregularities, disclosure omissions

Once a darling of millions of retail investors, Brightcom saw its share price zoom up from barely Rs 4 in April 2021 to a high of Rs 118 in December 2021. On April 13, the scrip ended at Rs 15.45. ....

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