General information about company |
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|---|---|---|---|
| Scrip Code | 532368 | ||
| NSE Symbol | BCG | ||
| MSEI Symbol | NOTLISTED | ||
| ISIN | INE425B01027 | ||
| Name of company | Brightcom Group Limited | ||
| Type of company | Main Board | ||
| Class of security | Equity | ||
| Date of start of financial year | 01-Apr-2024 | ||
| Date of end of financial year | 31-Mar-2025 | ||
| Date of board meeting when results were approved | 30-May-2025 | ||
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 23-May-2025 | ||
| Description of presentation currency | INR (in Actuals) | ||
| Reporting Type | Quarterly | ||
| Reporting Quarter | Fourth quarter | ||
| Nature of report standalone or consolidated | Standalone | ||
| Whether results are audited or unaudited for the quarter ended | Audited | ||
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited | ||
| Segment Reporting | Geographical | ||
| Description of single segment | |||
| Start date and time of board meeting | 30-May-2025 19:45:00 | ||
| End date and time of board meeting | 30-May-2025 21:50:00 | ||
| Whether cash flow statement is applicable on company | Yes | ||
| Type of cash flow statement | Cash Flow Indirect | ||
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification | ||
| Whether the company has any related party? | Yes | ||
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | Yes | ||
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | NA | ||
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | NA | ||
| Whether the company is a high value debt listed entity according to regulation 15 (1A)? | No | ||
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | |||
| (b) If answer to above question is No, please explain the reason for not complying. | |||
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | Yes | ||
| Latest Date on which RPT policy is updated | 2019-02-12 | ||
| Indicate Company website link for updated RPT policy of the Company | https://www.brightcomgroup.com/wp-content/uploads/2021/03/Policy-on-Related-Party-Transactions.pdf | ||
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No | ||
| No. of times funds raised during the quarter | |||
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No | ||
| There are no defaults | |||
Financial Results Ind-AS |
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|---|---|---|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Jan-2025 | 01-Apr-2024 |
| B | Date of end of reporting period | 31-Mar-2025 | 31-Mar-2025 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Part I | Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column. | ||
| 1 | Income | ||
| Revenue from operations | 979011000 | 4186763000 | |
| Other income | 20000 | 20000 | |
| Total income | 979031000 | 4186783000 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 780241000 | 3300291000 |
| (b) | Purchases of stock-in-trade | 0 | 0 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0 | 0 |
| (d) | Employee benefit expense | 94468000 | 434091000 |
| (e) | Finance costs | 1000 | 19000 |
| (f) | Depreciation, depletion and amortisation expense | 191000 | 763000 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 101906000 | 446447000 |
| Total other expenses | 101906000 | 446447000 | |
| Total expenses | 976807000 | 4181611000 | |
| 3 | Total profit before exceptional items and tax | 2224000 | 5172000 |
| 4 | Exceptional items | 0 | 0 |
| 5 | Total profit before tax | 2224000 | 5172000 |
| 6 | Tax expense | ||
| 7 | Current tax | 694000 | 1614000 |
| 8 | Deferred tax | 2877000 | 3014000 |
| 9 | Total tax expenses | 3571000 | 4628000 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0 | 0 |
| 11 | Net Profit Loss for the period from continuing operations | -1347000 | 544000 |
| 12 | Profit (loss) from discontinued operations before tax | 0 | 0 |
| 13 | Tax expense of discontinued operations | 0 | 0 |
| 14 | Net profit (loss) from discontinued operation after tax | 0 | 0 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0 | 0 |
| 16 | Total profit (loss) for period | -1347000 | 544000 |
| 17 | Other comprehensive income net of taxes | -239000 | 6711000 |
| 18 | Total Comprehensive Income for the period | -1586000 | 7255000 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 4037044000 | 4037044000 | |
| Face value of equity share capital | 2 | 2 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | 11722242000 | |
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 0 | 0 | |
| Diluted earnings (loss) per share from continuing operations | 0 | 0 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 0 | 0 | |
| 24 | Debt equity ratio | 0 | 0 |
| 25 | Debt service coverage ratio | 0 | 0 |
| 26 | Interest service coverage ratio | 0 | 0 |
| 27 | Disclosure of notes on financial results | ||
Remarks |
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|---|---|
| Debt equity ratio | The Company has no debt |
| Debt service coverage ratio | The Company has no debt |
| Interest service coverage ratio | The Company has no debt |
Statement of Asset and Liabilities |
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|---|---|---|---|
| Particulars | Year ended (dd-mm-yyyy) | ||
| Date of start of reporting period | 01-Apr-2024 | ||
| Date of end of reporting period | 31-Mar-2025 | ||
| Whether results are audited or unaudited | Audited | ||
| Nature of report standalone or consolidated | Standalone | ||
| Assets | |||
| 1 | Non-current assets | ||
| Property, plant and equipment | 4781000 | ||
| Capital work-in-progress | 0 | ||
| Investment property | 2195000 | ||
| Goodwill | 0 | ||
| Other intangible assets | 0 | ||
| Intangible assets under development | 0 | ||
| Biological assets other than bearer plants | 0 | ||
| Investments accounted for using equity method | 0 | ||
| Non-current financial assets | |||
| Non-current investments | 6777549000 | ||
| Trade receivables, non-current | 0 | ||
| Loans, non-current | 2066000 | ||
| Other non-current financial assets | 16445000 | ||
| Total non-current financial assets | 6796060000 | ||
| Deferred tax assets (net) | 5734000 | ||
| Other non-current assets | 0 | ||
| Total non-current assets | 6808770000 | ||
| 2 | Current assets | ||
| Inventories | 0 | ||
| Current financial asset | |||
| Current investments | 0 | ||
| Trade receivables, current | 2132923000 | ||
| Cash and cash equivalents | 2477000 | ||
| Bank balance other than cash and cash equivalents | 5285000 | ||
| Loans, current | 8567542000 | ||
| Other current financial assets | 623025000 | ||
| Total current financial assets | 11331252000 | ||
| Current tax assets (net) | 0 | ||
| Other current assets | 0 | ||
| Total current assets | 11331252000 | ||
| 3 | Non-current assets classified as held for sale | 0 | |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | 0 | |
| Total assets | 18140022000 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 4037044000 | ||
| Other equity | 11729498000 | ||
| Total equity attributable to owners of parent | 15766542000 | ||
| Non controlling interest | |||
| Total equity | 15766542000 | ||
| 2 | Liabilities | ||
| Non-current liabilities | |||
| Non-current financial liabilities | |||
| Borrowings, non-current | 1128069000 | ||
| Trade payables, non-current | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 0 | ||
| Total Trade payable | 0 | ||
| Other non-current financial liabilities | 0 | ||
| Total non-current financial liabilities | 1128069000 | ||
| Provisions, non-current | 43159000 | ||
| Deferred tax liabilities (net) | 3739000 | ||
| Deferred government grants, Non-current | 0 | ||
| Other non-current liabilities | 0 | ||
| Total non-current liabilities | 1174967000 | ||
| Current liabilities | |||
| Current financial liabilities | |||
| Borrowings, current | 0 | ||
| Trade payables, current | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 421511000 | ||
| Total Trade payable | 421511000 | ||
| Other current financial liabilities | 559740000 | ||
| Total current financial liabilities | 981251000 | ||
| Other current liabilities | 0 | ||
| Provisions, current | 217262000 | ||
| Current tax liabilities (Net) | 0 | ||
| Deferred government grants, Current | 0 | ||
| Total current liabilities | 1198513000 | ||
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | 0 | |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | 0 | |
| Total liabilities | 2373480000 | ||
| Total equity and liabilites | 18140022000 | ||
| Disclosure of notes on assets and liabilities | |||
Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results |
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|---|---|---|---|---|---|---|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
| Date of start of reporting period | 01-Jan-2025 | 01-Apr-2024 | |||||
| Date of end of reporting period | 31-Mar-2025 | 31-Mar-2025 | |||||
| Whether accounts are audited or unaudited | Audited | Audited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | (a) Digital Marketing Segment | 8915247000 | 47331185000 | ||||
| 2 | (b) Software Development Segment | 959697000 | 4135538000 | ||||
| Total Segment Revenue | 9874944000 | 51466723000 | |||||
| Less: Inter segment revenue | 0 | 0 | |||||
| Revenue from operations | 9874944000 | 51466723000 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | (a) Digital Marketing Segment | 1738014000 | 10141808000 | ||||
| 2 | (b) Software Development Segment | 3027000 | 5347000 | ||||
| Total Profit before tax | 1741041000 | 10147155000 | |||||
| i. Finance cost | 39000 | 39000 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 0 | 0 | |||||
| Profit before tax | 1741002000 | 10146952000 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | (a) Digital Marketing Segment | 94673330000 | 94673330000 | ||||
| 2 | (b) Software Development Segment | 3328063000 | 3328063000 | ||||
| Total Segment Asset | 98001393000 | 98001393000 | |||||
| Un-allocable Assets | 0 | 0 | |||||
| Net Segment Asset | 98001393000 | 98001393000 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | (a) Digital Marketing Segment | 9784762000 | 9784762000 | ||||
| 2 | (b) Software Development Segment | 1324099000 | 1324099000 | ||||
| Total Segment Liabilities | 11108861000 | 11108861000 | |||||
| Un-allocable Liabilities | 0 | 0 | |||||
| Net Segment Liabilities | 11108861000 | 11108861000 | |||||
| Disclosure of notes on segments | |||||||
Other Comprehensive Income |
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|---|---|---|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Jan-2025 | 01-Apr-2024 |
| B | Date of end of reporting period | 31-Mar-2025 | 31-Mar-2025 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| Total Amount of items that will not be reclassified to profit and loss | |||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 239000 | -6711000 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0 | 0 |
| 5 | Total Other comprehensive income | -239000 | 6711000 |
Cash flow statement, indirect |
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|---|---|---|---|---|---|---|
| Particulars | Year ended (dd-mm-yyyy) | |||||
| A | Date of start of reporting period | 01-Apr-2024 | ||||
| B | Date of end of reporting period | 31-Mar-2025 | ||||
| C | Whether results are audited or unaudited | Audited | ||||
| D | Nature of report standalone or consolidated | Standalone | ||||
| Part I | Blue color marked fields are non-mandatory. | |||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | 5172000 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 0 | |||||
| Adjustments for decrease (increase) in inventories | 0 | |||||
| Adjustments for decrease (increase) in trade receivables, current | 162070000 | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0 | |||||
| Adjustments for decrease (increase) in other current assets | 17645000 | |||||
| Adjustments for decrease (increase) in other non-current assets | 0 | |||||
| Adjustments for other financial assets, non-current | 0 | |||||
| Adjustments for other financial assets, current | -7552000 | |||||
| Adjustments for other bank balances | 0 | |||||
| Adjustments for increase (decrease) in trade payables, current | -215858000 | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0 | |||||
| Adjustments for increase (decrease) in other current liabilities | 30450000 | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 0 | |||||
| Adjustments for depreciation and amortisation expense | 763000 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0 | |||||
| Adjustments for provisions, current | 0 | |||||
| Adjustments for provisions, non-current | -34155000 | |||||
| Adjustments for other financial liabilities, current | 7150000 | |||||
| Adjustments for other financial liabilities, non-current | 0 | |||||
| Adjustments for unrealised foreign exchange losses gains | 0 | |||||
| Adjustments for dividend income | 0 | |||||
| Adjustments for interest income | 0 | |||||
| Adjustments for share-based payments | 0 | |||||
| Adjustments for fair value losses (gains) | 0 | |||||
| Adjustments for undistributed profits of associates | 0 | |||||
| Other adjustments for which cash effects are investing or financing cash flow | 0 | |||||
| Other adjustments to reconcile profit (loss) | 0 | |||||
| Other adjustments for non-cash items | 0 | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0 | |||||
| Total adjustments for reconcile profit (loss) | -39487000 | |||||
| Net cash flows from (used in) operations | -34315000 | |||||
| Dividends received | 0 | |||||
| Interest paid | 0 | |||||
| Interest received | 0 | |||||
| Income taxes paid (refund) | 0 | |||||
| Other inflows (outflows) of cash | 0 | |||||
| Net cash flows from (used in) operating activities | -34315000 | |||||
| Cash flows from used in investing activities | ||||||
| Cash flows from losing control of subsidiaries or other businesses | 0 | |||||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0 | |||||
| Other cash receipts from sales of equity or debt instruments of other entities | 0 | |||||
| Other cash payments to acquire equity or debt instruments of other entities | 0 | |||||
| Other cash receipts from sales of interests in joint ventures | 0 | |||||
| Other cash payments to acquire interests in joint ventures | 0 | |||||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0 | |||||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0 | |||||
| Proceeds from sales of property, plant and equipment | 0 | |||||
| Purchase of property, plant and equipment | 0 | |||||
| Proceeds from sales of investment property | 0 | |||||
| Purchase of investment property | 0 | |||||
| Proceeds from sales of intangible assets | 0 | |||||
| Purchase of intangible assets | 0 | |||||
| Proceeds from sales of intangible assets under development | 0 | |||||
| Purchase of intangible assets under development | 0 | |||||
| Proceeds from sales of goodwill | 0 | |||||
| Purchase of goodwill | 0 | |||||
| Proceeds from biological assets other than bearer plants | 0 | |||||
| Purchase of biological assets other than bearer plants | 0 | |||||
| Proceeds from government grants | 0 | |||||
| Proceeds from sales of other long-term assets | 0 | |||||
| Purchase of other long-term assets | 0 | |||||
| Cash advances and loans made to other parties | 0 | |||||
| Cash receipts from repayment of advances and loans made to other parties | 0 | |||||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0 | |||||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0 | |||||
| Dividends received | 0 | |||||
| Interest received | 0 | |||||
| Income taxes paid (refund) | 0 | |||||
| Other inflows (outflows) of cash | 0 | |||||
| Net cash flows from (used in) investing activities | 0 | |||||
| Cash flows from used in financing activities | ||||||
| Proceeds from changes in ownership interests in subsidiaries | 0 | |||||
| Payments from changes in ownership interests in subsidiaries | 0 | |||||
| Proceeds from issuing shares | 0 | |||||
| Proceeds from issuing other equity instruments | 0 | |||||
| Payments to acquire or redeem entity's shares | 0 | |||||
| Payments of other equity instruments | 0 | |||||
| Proceeds from exercise of stock options | 0 | |||||
| Proceeds from issuing debentures notes bonds etc | 0 | |||||
| Proceeds from borrowings | 0 | |||||
| Repayments of borrowings | 0 | |||||
| Payments of lease liabilities | 0 | |||||
| Dividends paid | 0 | |||||
| Interest paid | 0 | |||||
| Income taxes paid (refund) | 0 | |||||
| Other inflows (outflows) of cash | -1280000 | |||||
| Net cash flows from (used in) financing activities | -1280000 | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | -35595000 | |||||
| Effect of exchange rate changes on cash and cash equivalents | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 35669000 | |||||
| Net increase (decrease) in cash and cash equivalents | 74000 | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 7688000 | |||||
| Cash and cash equivalents cash flow statement at end of period | 7762000 | |||||
Details of Impact of Audit Qualification |
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|---|---|
| Whether results are audited or unaudited | Audited |
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Auditor's opinion | Qualified opinion |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | PR Chandra and Co | Yes | 31-Oct-2027 | ||
|---|---|---|---|---|---|
Financial details |
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| Sr. | Particulars | Audited Figures (as reported before adjusting for qualifications) | Adjusted Figures (audited figures after adjusting for qualifications) |
| 1 | Turnover / Total income | 4186783000 | 4186783000 |
| 2 | Total Expenditure | 4181611000 | 4181611000 |
| 3 | Net Profit/(Loss) | 544000 | 544000 |
| 4 | Earnings Per Share | 0 | 0 |
| 5 | Total Assets | 18140022000 | 18140022000 |
| 6 | Total Liabilities | 2373481000 | 2373481000 |
| 7 | Net Worth | 15766542000 | 15766542000 |
Audit qualification |
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|---|---|---|---|---|---|---|---|
| Sr. | Details of Audit Qualification | Type of Audit Qualification | Frequency of qualification | For Audit Qualification(s) where the impact is quantified by the auditor | For Audit Qualification(s) where the impact is not quantified by the auditor | ||
| Management's Views | (i) Management's estimation on the impact of audit qualification | (ii) If management is unable to estimate the impact, reasons for the same | Auditors' Comments on (i) or (ii) above | ||||
| 1 | Textual Information(1) | Qualified opinion | Since how long continuing | Textual Information(2) | Textual Information(3) | Textual Information(4) | Textual Information(5) |
| 2 | Textual Information(6) | Qualified opinion | Since how long continuing | Textual Information(7) | Textual Information(8) | Textual Information(9) | Textual Information(10) |
| 3 | Textual Information(11) | Qualified opinion | Since how long continuing | Textual Information(12) | Textual Information(13) | Textual Information(14) | Textual Information(15) |
Text Block |
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|---|---|
| Textual Information(1) | We cannot confirm the opening and closing balances as they are subject to change SEBI vide its letter dated 13 April 2023 has ordered company to undertake examination of its financial statements for the period 2014 15 to 2021 22 by a peer reviewed Chartered Accountant to ensure that the same are in compliance with all the applicable accounting standards and submit the statement of impact of all the non compliances To this extent the current years opening balances and consequent effect on the closing balances thereof are subject to the verification and confirmation by the peer review auditor n |
| Textual Information(2) | Not quantified |
| Textual Information(3) | We agree with Auditors qualifications Hence there is no impact on the financials |
| Textual Information(4) | We agree with Auditors qualifications Hence there is no impact on the financials n |
| Textual Information(5) | Agreed |
| Textual Information(6) | 3 Considering the SEBIs Interim order cum show clause Notice Dated 13th April 2023 they have made the following observations n n3a As referred in Point No 72 the companys investment in Ybrant Media Acquisition Inc one of the subsidiaries of the company has negative equity/net worth indicating the existence of an indicator of impairment But the company has neither impaired nor created any provision against the value of Investments in Ybrant Media Acquisition Inc n n3b As referred in Point No. 177e the company has to disseminate the standalone financial statements of each of its subsidiaries on its website for the period between FY 2014 15 and FY 2021 22 n n3c The opening balances of Investments receivables and payables with related to subsidiaries in standalone financial statements are subject to the confirmation of peer review auditor and due to its consequent effect the closing balances thereof are also subject to variation n n3d The promotors shareholding is based on available information and may change as the company has appealed against SEBIs interim order dated 22nd August 2023 and subsequent confirmatory order dated 28th February 2024 The proceedings are ongoing n n3e The company has still not made any provision for impairment of investments of Rs 16886 81 lakhs made in Vuchi Media Private Limited despite the fact that the proposed acquisition transaction was revoked by both the parties and have cancelled the definitive share purchase agreement that was entered into And also 14070000 equity shares allotted to Vuchi Media Private Limited are pending for cancellation subject to the legal process completion n |
| Textual Information(7) | Not quantified |
| Textual Information(8) | In response to the qualifications by the Statutory Auditors in Audit report the Companys responses are given below n n3a YMA used to own the asset LYCOS Inc That is currently under the receivership of the seller Daum The Company is in process of settling and hence investment is not yet impaired n n3b The Company presented the Financial statements of its subsidiaries in the company websites and the same intimated to the Exchange as on April 28 2023 n n3d The Company filed its clarification and reply to the Show Cause Notice The company has also filed Appeals before the Securities Appellate Tribunal bearing No 941 of 2023 and 474 of 2024 The proceedings are ongoing n n3e 14000000 Equity shares allotted to Vuchi Media and its owners will be annulled the legal process is underway n |
| Textual Information(9) | In response to the qualifications by the Statutory Auditors in Audit report the Companys responses are given below n n3a YMA used to own the asset LYCOS Inc That is currently under the receivership of the seller Daum The Company is in process of settling and hence investment is not yet impaired n n3b The Company presented the Financial statements of its subsidiaries in the company websites and the same intimated to the Exchange as on April 28 2023 n n3d The Company filed its clarification and reply to the Show Cause Notice The company has also filed Appeals before the Securities Appellate Tribunal bearing No 941 of 2023 and 474 of 2024 The proceedings are ongoing n n3e 14000000 Equity shares allotted to Vuchi Media and its owners will be annulled the legal process is underway n |
| Textual Information(10) | Agreed |
| Textual Information(11) | 4 SEBI has issued a show-cause notice and an interim order dated April 13th 2023 observing certain irregularities followed by interim order dated August 22nd 2023 and confirmatory order dated February 28th 2024 The company preferred appeals against the show-cause notice dated April 13th 2023 and interim order dated August 22nd, 2023 vide appeal nos. 941 of 2023 and 942 of 2023 this appeal have been withdrawn subsequent to the issuance of Confirmatory Order on February 28th 2024 and appeal No 474 of 2024 has been filed before the Honble Securities Appellate Tribunal and the proceedings are ongoing with respect to Appeal No.s 941 of 2023 and 474 of 2024. We are not able to express an opinion on the issues covered by the said showcause notice and interim orders due to lispendency The management of the company is yet to report the status of the compliance of the directions issued by SEBI in the confirmatory orders dated February 28 2024 |
| Textual Information(12) | Not quantified |
| Textual Information(13) | 4 We have withdrawn appeal No 941 of 2023 filed before Securities Appellate Tribunal as a final order was issued on February 6 2025 We have filed a writ petition in Telangana high court against that order High court granted interim relief on penalty portion and remaining parts are yet to be reviewed and court has observed prima facie that the penalty imposed is not sustainable Action will be taken based on the outcome of this case The proceedings with regard to appeal No 474 of 2024 are ongoing before the Securities Appellate Tribunal |
| Textual Information(14) | 4 We have withdrawn appeal No 941 of 2023 filed before Securities Appellate Tribunal as a final order was issued on February 6 2025 We have filed a writ petition in Telangana high court against that order High court granted interim relief on penalty portion and remaining parts are yet to be reviewed and court has observed prima facie that the penalty imposed is not sustainable Action will be taken based on the outcome of this case The proceedings with regard to appeal No 474 of 2024 are ongoing before the Securities Appellate Tribunal |
| Textual Information(15) | Agreed |
Signatories detail |
|
|---|---|
| Name of CEO / Managing director | Raghunath Allamsetty |
| Name of CFO | Raghunath Allamsetty |
| Name of audit committee chairman | Paladugu Venkata Subba Rao |
| Name of statutory auditor | PR Chandra and Co |
| Name of other signatory, if any, with designation | Raghunath Allamsetty, Executive Director |
| Place | Hyderabad |
| Date | 16-Jun-2025 |
Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) |
| Sr No. | Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken. | ||||||||||||||||||||||||
| Details of the party (listed entity/subsidiary) entering into the transaction | Details of the counterparty | Type of related party transaction | Details of other related party transaction | Value of the related party transaction as approved by the audit committee | Remarks on approval by audit committee | Value of the related party transaction ratified by the audit committee | Date of Audit Committee Meeting where the ratification was approved | Value of transaction during the reporting period | In case monies are due to either party as a result of the transaction | In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments | Details of the loans, inter-corporate deposits, advances or investments | Notes | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | ||||||||||
| 1 | BRIGHTCOM GROUP LTD | LIL PROJECTS PVT LTD | Wholly owned subsidiary | Loan | -964000 | Approved | -964000 | 1187585000 | 1186620000 | ||||||||||||||||
| 2 | BRIGHTCOM GROUP LTD | YREACH MEDIA PVT LTD | 98 percent owned subsidiary | Loan | -26708000 | Approved | -26708000 | 2809694000 | 2782986000 | ||||||||||||||||
| 3 | BRIGHTCOM GROUP LTD | DreamAd Panama | Wholly owned subsidiary | Any other transaction | Forex Variance | 1969000 | Approved | 1969000 | 92169000 | 94138000 | |||||||||||||||
| 4 | BRIGHTCOM GROUP LTD | Frontier Data Management Inc USA | Wholly owned subsidiary | Any other transaction | Forex Variance | 2328000 | Approved | 2328000 | 108976000 | 111304000 | |||||||||||||||
| 5 | BRIGHTCOM GROUP LTD | International Expressions Inc USA | Wholly owned subsidiary | Any other transaction | Forex Variance | 1883000 | Approved | 1883000 | 88123000 | 90006000 | |||||||||||||||
| 6 | BRIGHTCOM GROUP LTD | Online Media Solutions Limited Israel | Wholly owned subsidiary | Any other transaction | Forex Variance | 2823000 | Approved | 2823000 | 132137000 | 134960000 | |||||||||||||||
| 7 | BRIGHTCOM GROUP LTD | Ybrant Media Acquisition Inc USA | Wholly owned subsidiary | Any other transaction | Forex Variance | 14592000 | Approved | 14592000 | 683069000 | 697661000 | |||||||||||||||
| 8 | BRIGHTCOM GROUP LTD | Dyomo corporation | Wholly owned subsidiary | Any other transaction | Forex Variance | 4100000 | Approved | 4100000 | 191918000 | 196018000 | |||||||||||||||
| 9 | BRIGHTCOM GROUP LTD | Dyomo corporation | Wholly owned subsidiary | Any other transaction | Forex Variance | 483000 | Approved | 483000 | 22623000 | 23106000 | |||||||||||||||
| 10 | BRIGHTCOM GROUP LTD | DreamAd Chile | Wholly owned subsidiary | Any other transaction | Forex Variance | 14000 | Approved | 14000 | 640000 | 654000 | |||||||||||||||
| 11 | BRIGHTCOM GROUP LTD | DreamAd PANAMA | Wholly owned subsidiary | Any other transaction | Forex Variance | 49000 | Approved | 49000 | 2283000 | 2332000 | |||||||||||||||
| 12 | BRIGHTCOM GROUP LTD | DreamAd Argentina | Wholly owned subsidiary | Any other transaction | Forex Variance | 37000 | Approved | 37000 | 1711000 | 1747000 | |||||||||||||||
| 13 | BRIGHTCOM GROUP LTD | Frontier Data Management Inc USA | Wholly owned subsidiary | Any other transaction | Forex Variance | 901000 | Approved | 901000 | 42163000 | 43064000 | |||||||||||||||
| 14 | BRIGHTCOM GROUP LTD | International Expressions Inc USA | Wholly owned subsidiary | Any other transaction | Forex Variance | 390000 | Approved | 390000 | 18268000 | 18658000 | |||||||||||||||
| 15 | BRIGHTCOM GROUP LTD | Online Media Solutions Limited Israel | Wholly owned subsidiary | Any other transaction | Forex Variance | 1220000 | Approved | 1220000 | 57102000 | 58322000 | |||||||||||||||
| 16 | BRIGHTCOM GROUP LTD | Ram Sharma | Independent director | Remuneration | 20000 | Approved | 20000 | 0 | 0 | ||||||||||||||||
| 17 | BRIGHTCOM GROUP LTD | Satyanarayana Yadavally | Independent director | Remuneration | 20000 | Approved | 20000 | 0 | 0 | ||||||||||||||||
| 18 | BRIGHTCOM GROUP LTD | Chandrika Setu Sharma | Independent director | Remuneration | 20000 | Approved | 20000 | 0 | 0 | ||||||||||||||||
| 19 | BRIGHTCOM GROUP LTD | P Leo Ganesan | Independent director | Remuneration | 170000 | Approved | 170000 | 0 | 0 | ||||||||||||||||
| 20 | BRIGHTCOM GROUP LTD | P V Subbarao | Independent director | Remuneration | 110000 | Approved | 110000 | 0 | 0 | ||||||||||||||||
| 21 | BRIGHTCOM GROUP LTD | Deepika Daliya | Independent director | Remuneration | 60000 | Approved | 60000 | 0 | 0 | ||||||||||||||||
| 22 | BRIGHTCOM GROUP LTD | Ali Akber Bakir Bhoy Mamuwala | Independent director | Remuneration | 40000 | Approved | 40000 | 0 | 0 | ||||||||||||||||
| 23 | BRIGHTCOM GROUP LTD | Shrikant Geholt | Independent director | Remuneration | 30000 | Approved | 30000 | 0 | 0 | ||||||||||||||||
| 24 | BRIGHTCOM GROUP LTD | Shweta Singh | Company Secretary Compliance Officer | Remuneration | 222000 | Approved | 222000 | 0 | 0 | ||||||||||||||||
| 25 | BRIGHTCOM GROUP LTD | A Raghunath | Executive director | Remuneration | 2332000 | Approved | 2332000 | 0 | 0 | ||||||||||||||||
| 26 | YREACH MEDIA PVT LTD | Dyomo corporation | BETWEEN SUBSIDARY | Sale of goods or services | 1758000 | Approved | 1758000 | 0 | 0 | ||||||||||||||||
| 27 | YREACH MEDIA PVT LTD | LIL Projects Pvt Ltd | BETWEEN SUBSIDARY | Loan | 1929000 | Approved | 1929000 | 422964000 | 424894000 | ||||||||||||||||
| 28 | BRIGHTCOM GROUP LTD | Kallol sen | Executive director | Advance | 0 | Approved | 0 | 1935000 | 1935000 | ||||||||||||||||
| 29 | YREACH MEDIA PVT LTD | International Expressions Inc USA | BETWEEN SUBSIDARY | Any other transaction | Trade Payables | 70000 | Approved | 70000 | 3280000 | 3350000 | |||||||||||||||
| 30 | YREACH MEDIA PVT LTD | Dyomo corporation | BETWEEN SUBSIDARY | Any other transaction | Trade Receivables | 1054000 | Approved | 1054000 | 10451000 | 11505000 | |||||||||||||||
| 31 | LIL Projects Pvt Ltd | Frontier Data Management Inc USA | BETWEEN SUBSIDARY | Any other transaction | Trade Payables | 0 | Approved | 0 | 224412000 | 224412000 | |||||||||||||||
| 32 | LIL Projects Pvt Ltd | International Expressions Inc USA | BETWEEN SUBSIDARY | Any other transaction | Trade Payables | 0 | Approved | 0 | 254712000 | 254712000 | |||||||||||||||
| 33 | LIL Projects Pvt Ltd | Dyomo corporation | BETWEEN SUBSIDARY | Sale of goods or services | 0 | Approved | 0 | 0 | 0 | ||||||||||||||||
| 34 | LIL Projects Pvt Ltd | Dyomo corporation | BETWEEN SUBSIDARY | Advance | 0 | Approved | 0 | 14683000 | 14683000 | ||||||||||||||||
| 35 | LIL Projects Pvt Ltd | YREACH MEDIA PVT LTD | BETWEEN SUBSIDARY | Loan | 1929000 | Approved | 1929000 | 422964000 | 424894000 | ||||||||||||||||
| Total value of transaction during the reporting period | 12881000 | ||||||||||||||||||||||||