In its weekly updates released on Sunday evening, the Brightcom Group said that it will declare its quarterly results on Wednesday, November 20, 2024. The earlier weekly updated had mentioned that the board meeting to declare the quarterly results will be held on Sunday, November 17.
The investor earnings conference call will now be held on Friday, November 22.
The dates for Brightcom Group’s Annual General Meeting (AGM) for financial year 2023 remains the same as November 21.
The company also intends to appoint M/s A.V.R.S.K and Associates LLP, who are based out of Bengaluru, as the statutory audit firm of the company with Sreehari Suwarapu as the associate partner. Both are proposed to be appointed at the upcoming AGM, according to the weekly update.
With regards to the revocation of its trading suspension, Brightcom Group said that all formalities and discussions are in process of getting completed with the National Stock Exchange (NSE), while the discussions with the Bombay Stock Exchange (BSE) are in the final stages.
Brightcom Group is hopeful that the exchanges will issue a circular revoking the trading suspension “well before” December 14, 2024.
The Brightcom Group shares have been suspended for regular trading for five months now, leaving over 6.5 lakh small shareholders in the lurch. They only trade in the trade-for-trade segment and are categorized in the ‘Z’ group of stocks, where trading takes place only on the first trading day of the week.
