Bright Outdoor promoter acquires 38,250 shares

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.

Description	Number of Shares	% of Total Share Capital
Before Acquisition
Shares carrying voting rights (Acquirer)	1,52,16,484	69.73
Shares in nature of encumbrance (PAC)	6,679	0.03
Acquisition
Shares acquired	38,250	0.18
After Acquisition
Shares carrying voting rights (Acquirer)	1,52,54,734	69.91
Shares in nature of encumbrance (PAC)	6,679	0.03
Total Holding (Acquirer + PAC)	1,52,61,413	69.94

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.93%	+4.61%	-0.49%	-1.75%	+0.89%	+269.62%

Bright Outdoor Media has announced its audited financial results for H2 FY26 and FY26, reporting strong year-on-year growth across all key metrics. For the full year FY26, the company posted total income of ₹155.43 Cr, EBITDA of ₹35.23 Cr, and net profit of ₹24.05 Cr, underscoring consistent operational execution across its media and allied business segments.

FY26 Full-Year Financial Performance

The company delivered broad-based growth in FY26, with EBITDA expanding 28.68% year-on-year and net profit rising 26.06% over the same period. The following table presents the full-year financial comparison:

Particulars (₹ Cr):	FY26	FY25	YoY Change
Total Income:	155.43	128.05	↑ 21.38%
EBITDA:	35.23	27.38	↑ 28.68%
EBITDA Margin:	22.66%	21.38%	↑ 129 Bps
Net Profit:	24.05	19.07	↑ 26.06%
Net Profit Margin:	15.47%	14.90%	↑ 57 Bps

The improvement in both EBITDA and net profit margins reflects better operational efficiency and an improved business mix during the year. EPS for FY26 stood at ₹12.26.

H2 FY26 Financial Performance

The second half of FY26 also demonstrated strong momentum, with total income growing 30.83% year-on-year. The table below summarises H2 FY26 performance against H2 FY25:

Particulars (₹ Cr):	H2 FY26	H2 FY25	YoY Change
Total Income:	92.12	70.41	↑ 30.83%
EBITDA:	20.25	14.21	↑ 42.46%
EBITDA Margin:	21.98%	20.19%	↑ 179 Bps
Net Profit:	13.97	9.94	↑ 40.63%
Net Profit Margin:	15.17%	14.11%	↑ 106 Bps

H2 FY26 EBITDA growth of 42.46% and net profit growth of 40.63% on a year-on-year basis highlight the company's accelerating profitability in the second half of the fiscal year.

Management Commentary

Commenting on the performance, Dr. Yogesh Lakhani, CMD of Bright Outdoor Media Limited, said, "We are pleased to conclude FY26 on a strong note with Total Income crossing ₹155 Cr, supported by healthy growth across our advertising and allied business segments. During the year, EBITDA grew 28.68% YoY while Net Profit increased 26.06% YoY, reflecting better operational efficiency, improved business mix and consistent execution across our media portfolio."

Dr. Lakhani further noted that the core advertising business continued to witness steady demand, while the real estate segment recorded healthy traction through buying, selling, and leasing of prime properties. He added that the company remains focused on expanding its Digital LED and DOOH portfolio, strengthening media inventories across airports, metros, and highways, while scaling its presence across MICE, digital media, PR, and integrated communication services.

H2 FY26 Key Operational Highlights

During H2 FY26, Bright Outdoor Media achieved several notable operational milestones:

Initiative:	Details
Bright Real Estate Expo 2026:	Three-day property showcase at Borivali West, Mumbai during the festive period of Gudi Padwa; featured 25+ leading developers and 50+ residential and commercial projects
Participating Developers:	Ajmera Realty & Infra India and Surbhi Group, among others
Curated Events Milestone:	Sixth curated event in the last six months, strengthening the experiential events portfolio
Sectors Covered:	Entertainment, education, real estate, and fashion retail
Service Expansion:	OOH, TV, Print, Radio, Digital, Cinema, PR, Activations, and marquee events

The company also strengthened its premium OOH portfolio through a long-term strategic hoarding partnership during the period.

About Bright Outdoor Media

Founded in 1980 and headquartered in Andheri, Mumbai, Bright Outdoor Media is a leading name in India's Out-Of-Home (OOH) advertising industry with 45 years of expertise. The company operates a network of more than 400 hoardings across strategic geographies, including ownership of 50+ of Mumbai's 120+ digital LED billboards (Big Size). It is the first outdoor media company in India to be listed on a stock exchange, debuting on the BSE SME platform on March 24, 2023. Bright Outdoor Media is also recognised as the first in the world to install solar panels on hoardings, supplying electricity to Indian Railways alongside a JV partner.