Brightcom Group Limited has successfully completed its compliance requirements under Regulation 76 of SEBI (Depositories and Participants) Regulations, 2018, effectively resolving the regulatory issues that had prompted stock exchanges to consider shifting its equity shares to the Z/MT group. The company announced on December 29, 2025, that compliance has been achieved for both quarters ended June 30, 2025, and September 30, 2025.

Resolution of Compliance Issues

The compliance completion comes as a direct response to BSE Notice No. 20251222-31 and NSE Circular Ref. No: 2495/2025 dated December 22, 2025, which had proposed shifting Brightcom Group's equity shares to the Z/MT group due to non-compliance with depositories regulations. The company has now confirmed internal verification of documents submitted on December 26, 2025.

Expected Exchange Actions

Following the successful compliance completion, Brightcom Group expects stock exchanges to issue a public notice canceling the proposed movement to Z group by December 31, 2025. This development effectively prevents the company's shares from being shifted to the restricted trading category, maintaining normal trading status for investors.

Regulatory Background and Resolution

The original compliance issue stemmed from procedural delays during a period when Brightcom Group was addressing multiple legacy compliance alignments and system-level reconciliations. The company had previously implemented several corrective measures, including coordination with depositories and the Registrar and Transfer Agent, strengthening of internal compliance monitoring processes, and enhancement of review procedures.

The successful resolution demonstrates the effectiveness of the remedial actions undertaken by the company's management. Raghunath Allamsetty, Executive Director with DIN: 00060018, signed the compliance intimation, reflecting continued senior management involvement in regulatory matters.

Corporate Governance Commitment

The timely resolution of the Regulation 76 compliance requirements reinforces Brightcom Group's commitment to maintaining high standards of corporate governance and regulatory adherence. The company's ability to complete the compliance process ahead of the December 30, 2025 deadline showcases improved internal processes and proactive regulatory management.

Brightcom Group Limited has reported strong operational momentum and improved business fundamentals, demonstrating significant growth across its core digital advertising segments and enhanced financial discipline.

Digital Advertising Performance Shows Robust Growth

The company's digital advertising business continues to demonstrate healthy traction across key global markets. Performance metrics reveal consistent growth patterns across multiple regions and advertising formats.

The growth in Connected TV (CTV) and programmatic advertising segments reflects the resilience and scalability of Brightcom Group's core digital platforms, positioning the company well in the evolving digital advertising landscape.

Financial Discipline and Operational Improvements

Brightcom Group has implemented several measures to strengthen its financial position and operational efficiency. The company has enhanced its credit evaluation processes and tightened monitoring mechanisms, resulting in stronger cash inflows and healthier working capital cycles.

Key operational improvements include:

• Structured centralization of subsidiary funds improving liquidity visibility
• Enhanced capital efficiency and internal capital allocation
• More effective deployment of resources across the Group
• Improved receivables and collections management

Leadership Strengthening with CFO Appointment

The Board of Directors is in advanced stages of appointing a full-time Chief Financial Officer to further strengthen the company's financial controls and regulatory compliance framework.

This appointment aims to enhance listed-company reporting standards, financial controls, audit processes, and regulatory compliance across the organization.

Strategic Business Developments

The company's Defence division remains in early but steady development stages, with current efforts focused on capability building, regulatory alignment, partnerships, and opportunity evaluation. Brightcom Group is approaching this segment with measured execution and long-term strategic intent.

The collaboration with Dailymotion is progressing positively, with early indicators showing strong engagement from advertisers and publishers, positioning the company favorably for upcoming quarters.

Industry Engagement and Transparency Initiatives

Brightcom Group's team plans to participate in CES 2026 in Las Vegas from January 6-9, 2026, as part of continued engagement with the global digital ecosystem. The participation aims to focus on meeting new publishers, reconnecting with partners, and engaging in discussions around programmatic innovation and publisher growth.

The company has announced a new monthly communication initiative, providing structured updates to shareholders covering key actions taken, progress against stated priorities, and material operational developments. This initiative aims to ensure transparent information flow and strengthen shareholder engagement while maintaining full compliance with applicable disclosure norms.