BRIGHTCOM GROUP LIMITED — Regulatory Filings 2021

Jul 27, 2021

July 27, 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: Compliance under Regulation 23 (9) of the SEBI (LODR) Regulations, 2015

Please find enclosed herewith disclosure on Related Party Transactions drawn in accordance with the applicable accounting standards as per the requirements of Regulation of 23(9) of SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018 for the financial year ended March 31, 2021.

Request you to take the same on record and oblige.

Thanking you,

Yours faithfully,

For BRIGHTCOM GROUP LIMITED

Manohar Mollama Company Secretary & Compliance Officer ACS – 39254

Encl.: As above

Balances with related parties at the year ended:

(i) Unsecured loans from Related Parties:

	(Amount in Rs.)
Particulars	For the Year ended
	31st March 2021	31st March 2020
DreamAd, Panama
	80,850,000	82,929,000
Frontier Data Management Inc, USA
	95,592,997	98,051,103
International Expressions Inc, USA
	77,301,125	79,288,869
Online Media Solutions Limited, Israel
	115,909,500	118,890,030
Ybrant Media Acquisition Inc, USA
	599,182,748	614,590,304
LIL Projects Pvt ltd
	505,726,222	39,11,40,983
Yreach Media Pvt ltd
	11,247,027	7,323,643

(ii) Investment in Subsidiaries and Joint Ventures:

(Amount in Rs.)
Particulars	For the Year ended
	31st March 2021	31st March 2020
DreamAd Companies	54,32,40,000	54,32,40,000
Frontier Data Management Inc., USA	1,29,84,77,349	1,29,84,77,349
International Expressions Inc., USA	1,04,53,63,208	1,04,53,63,208
Online Media Solutions Limited,Israel	51,78,81,121	51,78,81,121
Ybrant Media Acquisition Inc.,USA	1,26,52,40,000	1,26,52,40,000
Max Interactive Pty Ltd,Australia	41,74,90,000	41,74,90,000
Dyomo Corporation,USA	4,67,300	4,67,300
Ybrant Digital Servicos De Publicidade Ltda,Brasil	2,65,932	2,65,932
Ybrant Digital (Brasil) Limited, Singapore	45	45
LGS Global FZE,UAE	2,43,650	2,43,650
Yreach Media PrivateLimited, India	99,000	99,000
LIL Projects Private Limited, India	99,980	99,980

(iii) Unsecured loans to Related parties:

(Amount in Rs.)

Particulars	For the Year ended
	31st March 2021	31st March 2020
Ybrant Employees welfare Trust	1,07,50,000	1,07,50,000
LGSL Foundation Trust	5,694,873	5,694,873

(iv) Key Managerial Personnel and Directors:

(Amount in Rs.)

Name	Designation	Asat March31,2021	Asat March31,2020
Mr. Y. Srinivasa Rao	Chief Financial Officer	1,609,231	19,43,267
Mr. M.Manohar	Company Secretary	904,858	9,14,968
Mr.Allam Raghunath	Independent Director	100,000	1,20,000
Dr. K.Jayalakshmi Kumari	Independent Director	100,000	1,20,000
Dr.Surabhi Sinha	Independent Director	60,000	80,000
Mr. Peshwa Acharya*	Independent Director	20,000	-

*Mr. Peshwa Acharya joined as Independent Director w.e.f. September 15, 2020

For BRIGHTCOM GROUP LIMITED

Manohar Mollama Company Secretary & Compliance Officer ACS – 39254