17 May 2024, 02:49 PM

Suspension of trading - BCG

Brightcom Group Limited is in non-compliance with the requirement of Regulation 33 (i.e. Submission of Financial Results) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) for two consecutive quarters’ i.e. September 30, 2023, and December 31, 2023, as per provisions laid down in SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 (“Master Circular”). 

If Brightcom Group Limited does not comply with the provisions of Master Circular on or before June 11, 2024

  • Trading in it would be suspended w.e.f. June 14, 2024, and the suspension will continue till such time the Company complies with Master Circular.
  • After 15 days of suspension, trading would be allowed on Trade for Trade basis in (Z category) on the first trading day of every week for six months.

Suspended shares will not be visible in your holdings on Kite but will show up in your Console holdings. To know more about what happens when a stock is suspended, check out our support article here.

For more details, you can check the circular here.

If you have any queries, then please post them on our TradingQ&A forum here.