Brightcom cancels preferential allotments to two investors

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BCG · price

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

+1.3%Reaction day

₹10.68

prior close

₹10.76

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.6%-1.3% vs market

IT Enabled Services peers, median of 72sector+0.9%+0.4% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 0.4 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

+0.6

10m

+0.6

15m

-0.2

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.3+2.6-1.3+0.9+0.4

Next day

+13.0+3.6+9.4+1.5+11.5

+34.5+3.1+31.4+1.3+33.2

+32.0+2.6+29.5-0.6+32.7

+26.6+1.1+25.5-2.2+28.8

+12.0+0.3+11.7-3.5+15.5

+11.8+1.6+10.2-3.5+15.3

15d

-4.7-3.9-0.8-10.0+5.3

-6.5-8.1+1.6-13.3+6.8

-10.1-3.1-7.0-9.9-0.2

-11.2+9.2-20.4-3.0-8.3

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 72Pending

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

AI summary

Brightcom Group's board approved cancellation of preferential allotments to LGOF Global Opportunities (5 crore shares) and Connecor Investment Enterprise (1.67 crore shares), totaling about 6.67 crore shares, due to non-completion of the related subscription transactions. Effective 31 January 2026.

Likely market impact

Reduces expected equity dilution but signals a failed capital raise, which may weigh on sentiment.