Brightcom appoints new CFO, engages ex-CFO appointee as advisory COO

Management Changes View source PDF Explain this filing

BCG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+10.5%Reaction day

₹9.25

prior close

₹10.72

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+11.7% vs market

IT Enabled Services peers, median of 74sector+0.3%+10.2% vs sector

On the reaction day the stock moved 11.7 pts more than Nifty Microcap 250 and 10.2 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-5.1

10m

-5.4

15m

-5.3

30m

-5.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+10.5-1.3+11.7+0.3+10.2

Next day

+13.7+2.4+11.3+2.4+11.4

+11.4+3.8+7.6+2.7+8.7

+15.1+2.7+12.4+2.2+12.9

+15.5+1.9+13.5+2.7+12.8

+17.0+4.6+12.4+4.2+12.8

+55.2+5.1+50.2+4.2+51.0

15d

+25.9+2.1+23.9-1.5+27.4

+10.1-2.1+12.1-7.6+17.7

-2.9-6.4+3.5-14.0+11.1

+3.1+9.5-6.4-2.8+5.9

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 74Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved Mr. Ravindra Kondamuri as new CFO (KMP) from Feb 1, 2026. He has 20+ years of experience across pharma, healthcare, semiconductors and manufacturing. Separately, Mr. SL Narayana Raju, who was approved by shareholders (85% votes) in April 2025 as CFO but could not be appointed due to legal or regulatory constraints, will now serve as COO on advisory basis from Feb 1, 2026. He is not designated as KMP.

Likely market impact

The CFO change brings experienced finance leadership. The prior shareholder-approved CFO appointee joins in advisory role due to regulatory hurdles.