Brightcom cancels preferential allotments to two investors

Fund Raising View source PDF Explain this filing

BCG · price

Loading chart…

▲ 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

+2.9%Reaction day

₹10.22

prior close

₹11.14

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+3.7%-0.8% vs market

IT Enabled Services peers, median of 75sector+2.4%+0.5% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.5 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

-1.3

10m

-4.4

15m

-3.9

30m

-5.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.9+3.7-0.8+2.4+0.5

Next day

+0.8+5.1-4.3+2.2-1.5

+4.2+4.0+0.2+1.3+2.9

+4.5+3.2+1.3+1.0+3.5

+5.9+5.9-0.0+3.5+2.3

+18.1+6.9+11.2+4.4+13.7

+38.0+5.9+32.1+1.3+36.6

15d

+7.6+2.1+5.6-2.3+9.9

-5.3-3.5-1.8-9.7+4.4

-11.0-4.2-6.7-13.7+2.7

-6.7+10.9-17.6-3.9-2.7

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 75Pending

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 two allottees due to non-completion of subscription transactions. The cancelled allotments are LGOF Global Opportunities Limited (50 crore shares) and Connecor Investment Enterprise Limited (16.67 crore shares). The cancellation is effective from 31 January 2026.

Likely market impact

Negative: Subscribers failed to pay for about 66.67 crore shares, so the planned capital raise did not happen.