Bright Outdoor Media has scheduled its 21st Annual General Meeting for Monday, September 28, 2026. The gathering will take place at Hotel Peninsula Grand in Andheri East, Mumbai, starting at 12:00 noon.

The company dispatched the AGM notice and the annual report for FY26 to shareholders via email or physical mail based on registered contact details as of August 28, 2026. The dispatch process concluded on September 3, 2026.

Voting Details

Shareholders holding shares as of the cut-off date, Monday, September 21, 2026, are eligible to vote. The company is providing remote e-voting facilities through Bigshare Services Private Limited.

Members who have not cast their votes remotely may vote using ballot papers during the physical meeting. Those who vote remotely can attend the AGM but cannot vote again.

What the Numbers Show

The company has opted for a hybrid approach by combining a physical venue with remote e-voting capabilities. This structure allows shareholders without registered email IDs to receive physical notices while enabling digital participation for others, ensuring broad accessibility for the FY26 agenda items.

Bright Outdoor Media Limited reported a 26% year-on-year increase in net profit to ₹2,404.67 crore for the financial year ended March 31, 2026, driven by a 21% surge in revenue from operations to ₹15,302.65 crore. The company also announced a final dividend of ₹0.50 per equity share and sought shareholder approval for increased director remuneration at its upcoming annual general meeting.

The board approved the Director’s Report and the notice for the 21st Annual General Meeting (AGM) scheduled for September 28, 2026, at Hotel Peninsula Grand in Mumbai. A key agenda item is the special resolution to increase director remuneration beyond the statutory limit under Section 197 of the Companies Act, 2013. This requires member approval as the aggregate managerial remuneration may exceed 11% of net profits, up to a maximum of 15%.

Financial Performance Highlights

The company’s top-line growth was supported by strong performance in its core advertising services and real estate segments. Operating profit before tax rose to ₹3,234.55 crore from ₹2,518.36 crore in the previous year. Total income reached ₹15,542.02 crore, reflecting an increase in other income to ₹240.20 crore from ₹130.56 crore in FY25.

Despite the absolute profit growth, earnings per share declined to ₹12.26 from ₹13.11 due to a bonus share issue in the ratio of 1:2 during the year, which increased the weighted average number of shares outstanding.

Capital Structure and Dividend

The company issued bonus equity shares, increasing its paid-up capital to ₹218.23 crore (2,18,23,166 shares) from ₹145.49 crore. Authorized capital was also raised to ₹220 crore. The board recommended a final dividend of 5% (₹0.50 per share), subject to shareholder approval at the AGM. The record date for dividend eligibility is September 21, 2026.

Governance and Board Changes

Mrs. Jagruti Yogesh Lakhani retires by rotation and seeks re-appointment as Non-Executive Director. Additionally, Ms. Kajal Ashish Avalani was appointed as a Non-Executive Independent Director effective June 12, 2026, following postal ballot approval. M/s Nikunj Kanabar & Associates has been appointed as the scrutinizer for the AGM voting process. Remote e-voting will be available from September 25 to September 27, 2026.