Brightcom Group shares up 5% 191 each on the BSE in early deals on Monday after the company announced the offer regarding the issue. bonus share Which will be considered by the board on Tuesday, January 25 next week.
“..The Board meeting to be held on January 25, 2022 will consider the proposal for declaring bonus shares for the benefit of shareholders,” Brightcom Group had announced in an exchange filing.
Brightcom Group shares have given multibagger returns of over 2,862% in a one-year period 6 to currently hovering at 191 per share. Multibagger stock has gained over 475% in the last six months alone.
“Furthermore, as Brightcom’s stock has grown manifold over the past 12 months, it has now reached levels that may be out of reach for many small investors. The issuance of bonus shares will allow it to become the new addition to our shareholder list. Coming will be more affordable for the members,” the company said.
The company has a reserve position 3,655 crore on the capital of 208 crores. This aspect gives us ample room to redeem the reserves and distribute part of those reserves in the form of issue of bonus shares, it said.
Brightcom Group is a digital marketing company as it consolidates Ed-Tech, New Media and IoT based businesses around the world. The company’s global presence includes the US, Israel, Latin America ME, Western Europe and Asia Pacific regions
Its customers include major blue chip companies like Airtel, British Airways, Coca-Cola, Hyundai Motors, ICICI Bank, ITC, LIC, Maruti Suzuki, MTV, P&G, Qatar Airways, Samsung, Viacom, Sony, Star India, Vodafone, Titan Advertisers are included. Serious efforts.
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