Bright Outdoor Media Limited has expanded its inventory with the launch of two back-to-back hoardings at the Mira-Bhayandar corridor near Dara’s Dhaba, a high-traffic transit route connecting Mumbai to key regions. The company also introduced a new service innovation, “Bright’s Curtain Raiser,” designed to transform static billboards into dynamic launch platforms by combining large-format hoardings with LED screens. These initiatives aim to enhance brand visibility and provide engaging launch opportunities for advertisers.

The newly installed hoardings measure 40 ft. x 30 ft. each, delivering a combined branding space of 4,800 sq. ft. Strategically positioned to capture both morning and evening traffic, the site offers continuous exposure to commuters on routes connecting to Ahmedabad, Surat, Vadodara, Virar, Vasai, Thane, and Ghodbunder Road. The location is intended to provide high recall and consistency for brand messaging.

Financial Performance

The company disclosed its financial results for FY26 and the second half of the fiscal year. For H2 FY26, Bright Outdoor Media reported a total revenue of ₹92.12 Cr, EBITDA of ₹20.25 Cr, and a net profit of ₹13.97 Cr. The earnings per share (EPS) for the half-year stood at ₹12.98.

For the full financial year FY26, the company achieved a total revenue of ₹155.43 Cr. The EBITDA for the year was recorded at ₹35.23 Cr, while the net profit stood at ₹24.05 Cr. The EPS for FY26 was ₹12.26.

Strategic Expansion

Dr. Yogesh Lakhani, CMD of Bright Outdoor Media, stated that the company aims to create platforms that elevate brands beyond simple advertising spaces. He highlighted that the new hoardings bring scale and visibility to a busy growth corridor, while the “Bright’s Curtain Raiser” concept allows brands to use hoardings as live stages for product launches and promotions.

Bright Outdoor Media operates a network of more than 490 hoardings and owns over 50 of Mumbai’s 120+ digital LED billboards. The company, which debuted on the BSE SME platform on March 24, 2023, focuses on sustainability and innovation in the out-of-home advertising sector.

Promoter A. Yogesh Jiwanlal Lakhani has disclosed a substantial acquisition of shares in Bright Outdoor Media Ltd under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition was executed via the purchase of equity shares in the open market.

Details of the Acquisition

The acquirer, A. Yogesh Jiwanlal Lakhani, purchased 38,250 equity shares on May 22, 2026. This transaction represents 0.18% of the company's total share capital. The Persons Acting in Concert (PAC) with the acquirer include B. Jagruti Yogesh Lakhani, C. Dipakkumar Ramniklal Shah, and D. Yogesh L Lakhani HUF.

Shareholding Pattern

The disclosure details the changes in the shareholding structure before and after the transaction. The total equity share capital of Bright Outdoor Media Ltd remains constant at 2,18,23,166 equity shares of face value of Rs. 10/- each.

Regulatory Filing

The disclosure was filed to comply with the requirements of the Securities and Exchange Board of India (SEBI). The acquirer confirmed that the total diluted share/voting capital of the target company is not applicable for this transaction. The shares of Bright Outdoor Media Ltd are listed on BSE Limited.