BRIGHTCOM GROUP LIMITED — Capital/Financing Update 2021

Jul 23, 2021

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July 23, 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: Intimation of allotment of 5,89,30,000 equity shares under Preferential Issue to the non-Promoter allottees.

This is to inform that the Warrants and Share Allotment Committee of the Board of Directors of the Company has today approved the allotment of 5,89,30,000 equity shares of Rs.2/- each of the Company, fully paid-up, pursuant to the conversion of preferential warrants into equity, to the non-Promoter allottees.

Pursuant to a special resolution passed by the members of the Company under section 62 of Companies Act, 2013 on December 28, 2020, and in-principle approvals received from BSE and NSE on April 01, 2021, the Company has allotted 33,18,45,000 warrants to 54 Non-Promoters on April 15, 2021.

As per Regulation 169(2) of the SEBI (ICDR) Regulations, 2018, 25% of the allotment price has been paid by the allottees into the Bank account of the Company at the time of subscription. And by July 23, 2021, 16 of the non-Promoter allottees have paid the balance of 75% of the allotment price for 5,89,30,000 warrants (excluding the allotment made to 20 allottees for 3,42,00,000 equity shares on July 01, 2021).

With this allotment, 9,31,30,000 warrants have now been converted into equity shares. This information is filed under Regulation 30 of SEBI (LODR) Regulations, 2015.

Request you to take the same on record and oblige.

Yours faithfully,

For BRIGHTCOM GROUP LIMITED

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Manohar Mollama Company Secretary & Compliance Officer ACS – 39254

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