Board of Brightcom Group approves preferential issue of 14.01 cr shares and 1.50 cr warrants

At meeting held on 16 September 2021

The Board of Brightcom Group at its meeting held on 16 September 2021 has approved to issue and allot 14,01,50,000 equity shares through a preferential allotment at Rs 37.77 per share (including premium of Rs 35.77) for an aggregate of Rs 529.34 crore. The Board also approved the preferential issuance 1,50,00,000 convertible warrants at Rs 37.77 per warrant (including premium of Rs 35.77).

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