हिंदी में पढ़ने के लिए मेनू बार से हिंदी भाषा चयन करें।
Brightcom Group is all set to return to active trading on the NSE and BSE from July 14, 2025, after the exchanges revoked the suspension imposed due to regulatory non-compliance. A Special Pre-Open Session (SPOS) will be conducted before trading resumes to determine the opening price. This article walks you through the entire timeline—from SEBI’s investigation, financial irregularities, and trading suspension in 2024 to the company’s recent compliance efforts and the road ahead. If you’re a current or prospective investor, here’s everything you need to know.
About Brightcom Group
Based in Hyderabad, Brightcom Group Limited is an AdTech and digital marketing firm that specializes in programmatic advertising, media buying, and analytics. It is listed on the NSE (ticker “BCG”) and BSE (code “532368”).
Trading Suspension Lifted
- When and how was it lifted?
On July 4, 2025, both NSE and BSE officially revoked the trading suspension for Brightcom, affirming that all SEBI (LODR) compliance issues have been resolved. - When does trading resume?
Trading will resume on July 14, 2025, with shares categorized under ‘T’ series on BSE and ‘BE’ series on NSE, using a trade-for-trade settlement mechanism. Click here
Special Pre‑Open Session (SPOS)
On July 14, from 9:00 AM to 10:00 AM, only limit orders will be accepted—no market orders. These orders will determine the opening equilibrium price. At 10:00 AM, regular trading begins based on that price.
What It Means for Investors
- Restored liquidity & transparency:
The SPOS and trade-for-trade settlement aim to enhance liquidity by enforcing delivery-based trades and enabling precise price discovery. - Possible short‑term volatility:
Market watchpoints include volume, investor behavior, and price swings—retail investors should remain cautious. - Regulatory scrutiny persists:
SEBI continues close monitoring to avoid repeat compliance lapses. The coming weeks will indicate market confidence.
Why Trading Was Suspended
- Missed financial filings:
The company failed to file quarterly reports for Q2 and Q3 FY2023, violating SEBI rules under LODR Regulation 33. - Major accounting irregularities:
SEBI investigations uncovered manipulation involving over ₹1,280 crore during FY 2018–19 and 2019–20—issues included round-tripping funds, overstated profits, and expense underreporting. - Regulatory action taken:
In June 2024, NSE and BSE suspended trading and placed Brightcom in the ‘Z’ category, allowing only weekly trade-for-trade sessions—this affected over 6.5 lakh retail investors, and the stock price crashed from ₹36+ to around ₹12–₹13. - Corporate governance enforcement:
SEBI barred CMD Suresh Kumar Reddy and CFO from holding directorial positions, imposed fines, and directed the company to overhaul its financial disclosures.
Quick Takeaways
- Brightcom resolved compliance issues under SEBI’s LODR framework.
- Trading resumes July 14, with a SPOS and trade-for-trade settlement ensuring transparency and caution.
- Analyst outlook: expect initial volatility—market reaction on Day 1 will be crucial.
- SEBI will continue oversight to ensure ongoing regulatory adherence.
In summary, Brightcom Group has taken significant steps to correct past missteps, restore regulatory trust, and re-engage the market. The next few sessions, especially the SPOS on July 14, will determine whether the company can regain momentum and credibility.
Source: Click here
Investment Disclaimer
This article is intended for informational purposes only. All data and insights are based on publicly available company reports and regulatory filings. It does not constitute any buy or sell recommendation. Please consult your financial advisor before making any investment decisions. The author or website will not be responsible for any profit or loss arising from investment actions based on this content.
