Brightcom Group Limited has informed the Exchange regarding Board meeting held on September 25, 2025.
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Brightcom Group's board met on September 25, 2025 and reviewed progress on its newly launched defence vertical. The company appointed a reputed advisor and signed a Memorandum of Understanding with CQT Weapon Systems, a US-based defence manufacturer based in Michigan, to collaborate on tactical hardware and AI-enabled systems. Management presented a portfolio of UAVs — including RAVEN, HELIX, THUNDERBOLT, TIBURON, and MINI TIBURON — along with its proprietary AI defence operating system called Maestro OS, designed for ISR (intelligence, surveillance, reconnaissance) and strike applications. Because these defence-related matters are classified as material and require shareholder approval under the Companies Act 2013 and SEBI LODR Regulations, the board decided to postpone the Annual General Meeting originally scheduled for September 28, 2025. A revised AGM date will be announced later with proper notice to shareholders.
This signals Brightcom's strategic pivot into the defence sector, which could open new revenue streams but also introduces execution risk for a company transitioning from its traditional digital advertising business. The AGM postponement is procedural but may cause short-term uncertainty; shareholders should watch for the revised AGM date and details on the CQT Weapon Systems collaboration, which is currently only an MoU and not a confirmed order.