BRIGHTCOM GROUP LIMITED — Board/Management Information 2021

Dec 9, 2021

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December 09, 2021

BSE Limited

P. J. Towers, 25[th] Floor, Dalal Street, Mumbai - 400001. Scrip Code: 532368

National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai - 400051. Symbol: BCG

Dear Madam/Sir,

Sub: Outcome of Board Meeting

With reference to the Notice issued on December 04, 2021, this is to inform the Stock Exchanges that the Board of Directors in its meeting held today, have inter alia :

1. For the purposes of consummation of the previously announced purchase of (“MediaMint”), to issue and allot 1,40,70,000 Equity Shares to Mr. Aditya Vuchi, Ms. Neelima Marupuru, Mr. Sunil Kumar Varma Potturi and Vuchi Media Employee Welfare Trust through a Preferential allotment at Rs. 120.02/- each (face value of Rs. 2/- each) at a premium of Rs. 118.02/- for an allotment size of (Rs. 168,86,81,399) (Rupees One Hundred & Sixty-Eight Crore Eighty-Six Lakhs Eighty-One Thousand Three Hundred and Ninety-Nine only) subject to members and regulatory approvals, towards the Stock consideration as decided in the Share Purchase Agreement dated December 07, 2021.

2. Approved the appointment of Mr Nilendu Narayan Chakraborty (DIN: 07505277) as an Additional Director under the category of Independent Director of the Company w.e.f. December 09, 2021 for a period of 5 years subject to the approval of the Members of the Company at the 22[nd] Annual General Meeting of the Company.

3. Approved to convene the 22[nd] Annual General Meeting of the Company on Friday, December 31, 2021 at 11:00 AM through Video Conferencing/Other Audio-Visual Means.

4. Fixed the Book closure from Saturday, December 25, 2021 to Friday, December 31, 2021 (both days inclusive) for the purpose of the 22[nd] Annual General Meeting and the Final Dividend for the FY 2020-21.

The Record Date under Regulation 42 of SEBI (LODR) Regulations, 2015 for the payment of the Final Dividend for FY 2020-21 will be Friday, December 24, 2021.

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The Board has appointed Mr. A. Sridhar, Practicing Company Secretary (C.P. No. 12011) as the Scrutinizer to conduct the 22[nd] Annual General Meeting of the Company.

The Board Meeting commenced at 08:30 PM and concluded at 10:30 PM.

Request you to take the same on record and oblige.

Thanking you,

Yours faithfully,

for BRIGHTCOM GROUP LIMITED

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M Suresh Kumar Reddy Chairman & Managing Director DIN: 00140515

Copy to: NSDL, CDSL, Aarthi Consultants Private Limited.

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Profile of Mr Nilendu Narayan Chakraborty (DIN: 07505277)

Mr Nilendu is a qualified Chartered Accountant currently working as a Group Financial Controller at Abu Hani Establishment LLC, Muscat, Oman. He has vast experience of over two decades in the financial sector.

He is a results-driven and detail-oriented Group Financial Controller with 12+ years of leadership experience overseeing (1000+) employees in cross-functional departments in multi-industry private businesses. He has streamlined business efficiencies in large corporates by enhancing risk controls, financial reporting systems, information systems and budgetary controls.

He is renowned for conceptualizing, developing and executing new business lines. He does all that through excellent client relationships and good contract negotiations with international suppliers, financing institutions, distributors and related external parties.

Thanking you,

Yours faithfully,

for BRIGHTCOM GROUP LIMITED

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M Suresh Kumar Reddy Chairman & Managing Director DIN: 00140515

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