Brightcom clarifies on proposed shifting of shares to Z/MT group

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

-3.5%Reaction day

₹11.20

prior close

₹11.06

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-3.5% vs market

IT Enabled Services peers, median of 72sector+0.1%-3.5% vs sector

On the reaction day the stock moved 3.5 pts less than Nifty Microcap 250 and 3.5 pts less than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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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 clarified on a BSE notice about potentially shifting its shares to the Z/MT group due to non-compliance with SEBI Regulation 76 on depository reporting for the June and September 2025 quarters. The company says it is working with depositories and its registrar to complete pending submissions before 30 December 2025 and is confident the shifting will not be required. Internal compliance monitoring and escalation processes have also been strengthened to prevent recurrence.

Likely market impact

Procedural compliance lapse flagged. Company expects to resolve before 30 Dec deadline, avoiding Z/MT classification that restricts trading. Short-term uncertainty remains.