BRIGHTCOM GROUP LIMITED — Capital/Financing Update 2021

Jul 13, 2021

July 13, 2021

Dalal Street, Mumbai - 400001. Bandra (E), Mumbai - 400051. Scrip Code: 532368 Symbol: BCG

BSE Limited National Stock Exchange of India Limited

P. J. Towers, 25th Floor, Exchange Plaza, Bandra Kurla Complex,

Dear Madam/Sir,

Sub: Outcome of the Board Meeting - Preferential Issue Reg: Intimation of EGM - Cut-off date for e-Voting

In furtherance to the Notice dated July 08, 2021, this is to inform the Stock Exchanges that the Board of Directors in its meeting held today, discussed and approved the following:

1. To issue and allot 11,96,25,000 Equity Shares to the below mentioned SEBI registered FPIs and other investors through a Preferential allotment at Rs. 31.17/- each (face value of Rs. 2/- each) at a premium of Rs. 29.17/- for an allotment size of Rs. 372,87,11,250/- (Rupees Three Hundred and Seventy-Two Crore Eighty-Seven Lakh Eleven Thousand Two Hundred and Fifty only). The post-funding dilution is 12.5%, of which SEBI registered FPI contribution is 10.5%.

Sl. No.	Name of the Allottee	No. of Shares
1	Citrus Global Arbitrage Fund	2,10,00,000
2	Calypso Global Investment Fund	2,00,00,000
3	Navigator Emerging Market Fund	2,00,00,000
4	ConnecorInvestment Enterprises Ltd	2,00,00,000
5	LGOF Global opportunities Ltd	2,00,00,000
6	Kamala Bai	1,50,00,000
7	Nivedita Saha	22,45,000
8	Arunangshu Ghosh	3,20,000
9	Dipankar Bonnerjee	3,20,000
10	Parul Sunil Chawda	1,60,000
11	Manoj Sunil Chawda	1,60,000
12	Aakanksha M Chawda	1,60,000
13	Hardik Sunil Chawda	1,60,000
14	Arpitha Raya	50,000
15	G R Anasuya	50,000
Total		11,96,25,000

1. Notice convening the Extraordinary General Meeting ("EGM") to be held at 11.00 am, on Thursday, August 05, 2021 through Video Conferencing ("VC") Other Audio-Visual Means ("OAVM"), in compliance with the applicable provisions of the Companies Act, 2013 ("Act"), the General Circular No. 14/2020 dated 8th April, 2020; General Circular No. 17/2020 dated 13th April, 2020 and General Circular No. 10/2021 dated 23rd June, 2021 issued by the Ministry of Corporate Affairs ("MCA") and SEBI (LODR) Regulations, 2015.

Pursuant to Section 108 of the Companies Act, 2013, read with Rule 20 of Companies (Management & Administration) Rules, 2014 and Regulation 44 of the SEBI (LODR) Regulations, 2015, the e-voting facility is being provided to the shareholders of the Company.

Furthermore, with respect to the said EGM of the Company, the Cut-off date for reckoning the evoting rights is fixed as Thursday, July 29, 2021.

The business transacted at the Board Meeting held on June 28, 2021, for Issue of Bonus Shares, Raising of Funds, Increase in Authorized Share Capital and Alteration in the Memorandum of Association of the Company will also be a part of the said EGM Notice for shareholders' approval. The approval will be sought at the EGM instead of the original plan of seeking the same through a postal ballot.

The Board Meeting commenced at 07:00 PM and concluded at 08.00 PM.

We request you to take note of the same and oblige.

Thanking you,

Yours faithfully,

For BRIGHTCOM GROUP LIMITED

Manohar Mollama Company Secretary & Compliance Officer ACS – 39254