Business · Companies · 1 day ago

Bright Outdoor Media moves shares to BSE and NSE main boards

Bright Outdoor Media moves shares to BSE and NSE main boards

Bright Outdoor Media has moved its shares to the main boards of BSE and NSE, India's two main stock exchanges.

The Mumbai-based company first listed on the BSE's SME platform in March 2023, becoming India's first listed outdoor advertising company.

The move gives it access to a wider capital-market platform as it seeks to grow its business.

Bright operates more than 1,350 hoardings and owns over 50 large digital LED billboards in Mumbai.

It plans to add digital displays, pursue advertising contracts linked to railways and public infrastructure, and enter new areas.

Its expansion reflects the growing use of digital screens and integrated campaigns in outdoor advertising.

Bright also says it is exploring solar-powered advertising infrastructure, including installations on hoardings that supply electricity to Indian Railways through a joint venture partner.

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What people are saying

Yogesh LakhaniChairman and Managing Director of Bright Outdoor Media
Today's listing on the Main Boards of BSE and NSE marks a proud and significant moment in Bright Outdoor Media Limited's journey,
via Hindu BusinessLine
When we became India's first outdoor media company to get listed on the stock exchange in 2023, it was an important step not only for Bright but also for the OOH advertising industry,
via Hindu BusinessLine
Looking ahead, our vision is to build a larger and more diversified outdoor advertising business, with a stronger focus on digital innovation, infrastructure-led opportunities and integrated advertising solutions,
via Hindu BusinessLine