Bright Outdoor Media Limited has published the postal ballot notice in newspapers, including the Financial Express and Sakal, for its proposal to migrate equity shares from the BSE SME Platform to the main boards of BSE Limited and the National Stock Exchange of India Limited. The remote e-voting process commenced on June 17, 2026, at 9:00 a.m. IST and will conclude on July 16, 2026, at 5:00 p.m. IST. This transition aims to enhance liquidity, visibility, and market capitalization for the company's shares, subject to regulatory compliance and shareholder approval through a special resolution.

The company has fixed June 12, 2026, as the cut-off date to determine shareholder eligibility for voting. M/s. Nikunj Kanabar & Associates, Practicing Company Secretaries, has been appointed as the Scrutinizer to oversee the process. The results of the voting will be declared on or before July 21, 2026, at the company's Registered Office. The resolution requires that votes cast by non-promoter shareholders in favour must be at least two times the votes cast against the proposal, as per Regulation 277 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Migration and Appointment Details

The Board of Directors, in its meeting held on June 12, 2026, approved the migration proposal and the draft Postal Ballot Notice. Additionally, the board recommended the appointment of Ms. Kajal A Avalani as an Independent Director for a term of five years effective June 12, 2026. Shareholders will also vote on this appointment via an ordinary resolution. Ms. Avalani, aged 47, holds a Bachelor’s Degree and possesses over ten years of experience in accounting and finance.

Key Event Schedule

The company reported a total revenue of ₹155.43 Cr, EBITDA of ₹35.23 Cr, and net profit of ₹24.05 Cr for FY26. Originally listed on the BSE SME Platform on March 24, 2023, via an initial public offering at ₹146 per share, the company now seeks to leverage its operational growth by moving to the main board to facilitate wider investor participation.

Bright Outdoor Media Limited will host a virtual meeting for analysts and investors on June 18, 2026, at 4:15 PM IST. The interaction aims to discuss the company's performance and outlook based on publicly available information, ensuring no Unpublished Price Sensitive Information is shared during the session.

The meeting was intimated to the BSE SME Platform pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure confirms that the discussions will rely on general data and will not involve any material non-public information.

Meeting Details

The schedule for the interaction is as follows:

Bright Outdoor Media noted that the schedule is subject to change due to exigencies on the part of the analysts, investors, or the company. The intimation was signed by Yogesh Jiwanlal Lakhani, Managing Director, on June 15, 2026.