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Brightcom Group Shares to Resume Trading on July 14: Here's Why They Were Suspended

Written by: Sachin GuptaUpdated on: 11 Jul 2025, 7:52 pm IST
Brightcom Group shares are set to resume trading on July 14. Before that, why were shares suspended?
Brightcom Group Shares to Resume Trading on July 14: Here's Why They Were Suspended
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Brightcom Group has announced that trading of its equity shares will officially resume on both the BSE and NSE from July 14, 2025, following the revocation of a previous suspension. The company received formal notifications from the stock exchanges via circulars dated July 4, 2025.

Key Details of the Trading Resumption

  • BSE: Shares will trade under the 'T' Group.
  • NSE: Shares will be listed in the 'BE' series, on a trade-for-trade basis.
  • Special Pre-open Session (SPOS): Brightcom shares will participate in the SPOS for IPOs and relisted scrips on the reopening day.

The resumption is a significant milestone for Brightcom, restoring market liquidity and enabling transparent price discovery for its investors. The company emphasised that it has fully complied with all regulatory obligations, particularly those under SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. It also extended gratitude to the exchanges and shareholders for their support during the suspension period.

Why was Brightcom Group Shares Trading Suspended?

The trading of Brightcom Group shares was suspended on June 14, 2024, amid an ongoing investigation by the Securities and Exchange Board of India (SEBI) over serious accounting irregularities and violations of disclosure norms.

SEBI’s inquiry revealed that the company:

  • Manipulated financial statements, inflating profits and understating expenses.
  • Violated key disclosure regulations, failing to present accurate and complete financial information.
  • Engaged in accounting practices that misrepresented the company’s financial health, particularly during FY 2018–19 and 2019–20, with discrepancies amounting to over ₹1,280 crore.

Also Read: Why Is Brightcom Group Suspended?

What’s Next for Brightcom?

Brightcom maintains that it has undertaken corrective actions, addressed all compliance gaps, and is committed to upholding higher standards of corporate governance going forward. With trading set to resume, the company hopes to rebuild investor confidence and refocus on growth and transparency.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jul 11, 2025, 2:19 PM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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