Brightcom Group Limited — Important, 30-03-2025: Updates

Brightcom Group Limited has embarked on a legal initiative to address the trade suspension imposed by the Bombay Stock Exchange (BSE). The company plans to file an implead petition to join shareholders in a writ petition aimed at challenging the prolonged inaction of BSE regarding the revocation of this suspension. This situation has severely restricted shareholders' access to their investments, causing financial and emotional distress.

The background includes previous legal actions by shareholders against BSE, including a writ petition for clarifications on the trade suspension and subsequent contempt proceedings due to BSE's inadequate response. The company recognizes its pivotal role in facilitating a resolution and will provide comprehensive documentation to the High Court to expedite the process. This proactive legal approach demonstrates the company's commitment to its investors during these challenging times. Shareholders are encouraged to stay informed as the situation develops.