Archive · 15 Dec 2025
Brightcom Board Withdraws Share Value Resolution
The board of a company called Brightcom Group decided to take back a plan they had to change the value of their shares.
They were going to make each share worth more money, but after some people who own shares said they didn't like the idea, the board changed their mind.
The company told everyone about this decision on December 15, 2025.
The meeting where they were going to vote on this plan is still happening on December 28, but they won't be voting on this share value change anymore.
Everything else at the meeting will stay the same.
Brightcom Group's board withdrew a special resolution to change the face value of equity shares from ₹2 to ₹10.
The decision was made after considering representations from shareholders.
The resolution will not be voted on at the upcoming AGM on December 28, 2025.
All other business items for the AGM remain unchanged.
The AGM will be held via video conferencing.
- Who
- Brightcom Group Limited's board of directors
- What
- Withdrew a special resolution to alter the face value of equity shares
- When
- December 15, 2025 (announcement), December 28, 2025 (AGM)
- Where
- India (announced to Bombay Stock Exchange)
- Why
- After considering representations from shareholders
- Company
- Brightcom Group Limited
- Resolution Type
- Special resolution
- Proposed Change
- Alter face value of equity shares from ₹2 to ₹10
- AGM Date
- December 28, 2025
- AGM Format
- Video conferencing
- Announcement Date
- December 15, 2025
- Stock Exchange
- Bombay Stock Exchange