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Brightcom Group Trading Suspension: No Clarity on Revoke of Suspension in Weekly Update

Written by: Sachin GuptaUpdated on: Mar 24, 2025, 2:37 PM IST
Brightcom Group's shares were suspended from regular trading in June last year for failure to comply with the NSE master circular.
Brightcom Group Trading Suspension: No Clarity on Revoke of Suspension in Weekly Update
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It has been over 9 months now since Brightcom Group shares have been in trading suspension and yet there is no clarity on the trading resumption. Even the weekly market update released on March 23, 2025, Brightcom Group does not include a definitive timeline for when its trading suspension will be revoked.

Key Takeaways from Brightcom Group Weekly Update

  • Brightcom Group stated that the National Stock Exchange (NSE) has finished its site visit and is awaiting more clarity from the Bombay Stock Exchange (BSE).
  • For the end of the trading suspension, the company stated” We understand the concern and hardship the suspension has caused to our investors. The company has also been impacted by this and we are doing all we can to revive trading. NSE has completed its site visit, and we are currently awaiting the decision from BSE. Brightcom Group continues to actively engage with the exchanges, and we are doing our utmost to expedite the process. This remains our top immediate priority, and we will communicate any updates promptly through official channels”
  • Earlier this year, the Brightcom Group had mentioned that its trading suspension would be revoked by the end of January, a shift from the earlier timeline of December 14 last year.

Commitment to Shareholders

The company reiterated its deep commitment to protecting the interests of all stakeholders. The company further added, “ These are trying times for the company — we sincerely request your patience and continued support”. The company remain focused on responsible legal and operational steps as it works through the challenges and critical regulatory obligations as necessary.

Conclusion

Brightcom Group’s shares were suspended from regular trading in June last year for failure to comply with the NSE master circular. The company has been under SEBI’s radar for the past two years. The company is being monitored by SEBI for violations of listing regulations, hiding information, and several other regulations.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 24, 2025, 9:10 AM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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