Brightcom Group logo

Brightcom Group CEO, MD, chairman, board of directors and AGM

NSE: BCGBSE: 532368IT - ServicesSmall Cap

Formerly Lycos Internet
Last close ₹8.44down ₹0.31 (3.54%)BSE ₹8.44

Share price at the NSE close on 23 Oct 2026. Previous close ₹8.75.

52-week range of traded prices to 23 Oct 2026
₹7.70Low, 31 Jul 2026₹15.10High, 12 Feb 2026
Market cap
₹1,704 Cr1,148th largest listed
P/E
1.7
P/B
0.2
Dividend yield
Nonein the last 12 months
ROE
10.5%
ROCE
14.3%
Debt to equity
0.00
Volume, NSE
76,77,92554.2% delivered

Brightcom Group board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing director and CEOM Suresh Kumar ReddyRelated to the promoter

7 directors5 independent2 executive

  • M Suresh Kumar Reddy · Chairperson and managing director and CEOExecutive · joined Jun 2012 · reappointed Apr 2025 · 14 months as independent · 1 listed board
  • Raghunath AllamsettyExecutive · joined Jun 2024 · reappointed Jun 2024 · 27 months as independent · 1 listed board · 2 committee seats, 1 as chair
  • P LEO GanesanIndependent · joined Aug 2024 · reappointed Aug 2024 · 25 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Paladugu Venkata SubbaraoIndependent · joined Nov 2024 · reappointed Nov 2024 · 21 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Deepika DaliyaIndependent · joined Nov 2024 · reappointed Nov 2024 · 21 months as independent · 1 listed board · 1 as independent
  • Ali Akber Bakir Bhoy MamuwalaIndependent · joined Jan 2025 · reappointed Jan 2025 · 22 months as independent · 1 listed board · 1 as independent
  • Shrikant GehlotIndependent · joined Jan 2025 · reappointed Jan 2025 · 22 months as independent · 1 listed board · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 7 Jun 20267 of 7 present5 independent · 112 days in between
    • 14 Feb 20267 of 7 present5 independent

  • Audit Committee

    Chair Paladugu Venkata Subbarao

    Raghunath Allamsetty, P LEO Ganesan

    • 7 Jun 20263 of 3 present2 independent · 112 days in between
    • 14 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair P LEO Ganesan

    Paladugu Venkata Subbarao, Deepika Daliya

    • 7 Jun 20263 of 3 present3 independent · 112 days in between
    • 14 Feb 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair Paladugu Venkata Subbarao

    Raghunath Allamsetty, Deepika Daliya

    • 7 Jun 20263 of 3 present2 independent · 112 days in between
    • 14 Feb 20263 of 3 present2 independent

  • Risk Management Committee

    Chair Paladugu Venkata Subbarao

    Raghunath Allamsetty, P LEO Ganesan

    • 7 Jun 20263 of 3 present2 independent · 112 days in between
    • 14 Feb 20263 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair P LEO Ganesan

    Deepika Daliya, Raghunath Allamsetty

    • 7 Jun 20263 of 3 present2 independent · 112 days in between
    • 14 Feb 20263 of 3 present2 independent

  • Process & Compliance Review Committee

    Chair P LEO Ganesan

    Paladugu Venkata Subbarao, Raghunath Allamsetty

    • 7 Jun 20263 of 3 present2 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • P R CHANDRA & COPeer-review certificate valid to Oct 2027
1 earlier auditor
  • PR Chandra and CoNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Brightcom Group AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Brightcom Group dividend history

Annual general meeting, 3 Oct 2026

5,55,405 shareholders on the register on 28 Sep 2026; present: 7 promoters and 73 others; votes counted by Putcha Sarada / Putcha Sarada.The company's voting result (opens in a new tab)

  1. Adoption of Audited (Standalone & Consolidated) Financial Statements
    Ordinary
    93.84% for6.16% against

    Against: promoters 0.00% · other public 17.86%

    Turnout: all 22.96% · promoters 81.83% · other public 9.70%

  2. To appoint the Statutory Auditors
    Ordinary
    93.58% for6.42% against

    Against: promoters 0.00% · other public 18.56%

    Turnout: all 23.00% · promoters 81.83% · other public 9.75%

  3. To re-appoint Mr. Raghunath Allamsetty (DIN # 00060018), who retires by rotation, and being eligible offers himself for the re-appointment.
    Ordinary
    93.53% for6.47% against

    Against: promoters 0.00% · other public 18.71%

    Turnout: all 22.99% · promoters 81.83% · other public 9.74%

  4. To amend, ratify and confirm earlier resolutions for issue of equity shares
    Ordinary
    93.22% for6.78% against

    Against: promoters 0.00% · other public 19.65%

    Turnout: all 22.96% · promoters 81.83% · other public 9.70%

  5. To discontinue the appointment of CS Saurabh Poddar (C.P.No. 10787) as Secretarial Auditor
    Ordinary
    97.96% for2.04% against

    Against: promoters 0.00% · other public 5.90%

    Turnout: all 23.00% · promoters 81.83% · other public 9.75%

  6. Appointment of CS P Sarada (C.P.No. 8735) as Secretarial Auditor
    Ordinary
    93.72% for6.28% against

    Against: promoters 0.00% · other public 18.15%

    Turnout: all 23.00% · promoters 81.83% · other public 9.75%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Dec 2025, 4 resolutions

6,02,517 shareholders on the register on 20 Dec 2025; present: 1 promoter and 112 others; votes counted by Saurabh Poddar / SAURABH PODDAR & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of Audited (Standalone & Consolidated) Financial Statements.
    Ordinary
    93.42% for6.58% against

    Against: promoters 0.00% · institutions 99.87% · other public 9.29%

    Turnout: all 24.62% · promoters 97.98% · institutions 65.87% · other public 6.88%

  2. Ratification of Appointment of Statutory Auditors.
    Ordinary
    91.47% for8.53% against

    Against: promoters 0.00% · institutions 91.56% · other public 18.46%

    Turnout: all 24.70% · promoters 97.98% · institutions 70.62% · other public 6.88%

  3. To appoint Statutory Auditors.
    Ordinary
    90.85% for9.15% against

    Against: promoters 0.00% · institutions 91.56% · other public 21.25%

    Turnout: all 24.70% · promoters 97.98% · institutions 70.62% · other public 6.88%

  4. To re-appoint Mr. Raghunath Allamsetty (DIN # 00060018), who retires by rotation and being eligible offers himself for the re-appointment.
    Ordinary
    93.49% for6.51% against

    Against: promoters 0.00% · institutions 98.91% · other public 7.83%

    Turnout: all 24.70% · promoters 97.98% · institutions 70.62% · other public 6.88%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 30 Apr 2025, 4 resolutions

6,53,703 shareholders on the register on 23 Apr 2025; present: 0 promoters and 102 others; votes counted by Saurabh Poddar / SAURABH PODDAR & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Capital Reduction of 6,00,000 equity shares of INR 2 each of the Company
    Special
    99.73% for0.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.96%

    Turnout: all 31.74% · promoters 98.69% · institutions 57.44% · other public 12.23%

  2. To ratify appointment Mr. Shrikant Gehlot (DIN # 10909404) as an Independent Director of the Company for a period of five consecutive years
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 31.74% · promoters 98.69% · institutions 57.44% · other public 12.23%

  3. To appoint Mr. Suresh Kumar Reddy (DIN # 00140515) as a Whole-time Director designated as the Chief Executive Officer (CEO) of the Company for a period of five consecutive years
    Ordinary
    85.37% for14.63% against

    Against: promoters 0.00% · institutions 99.87% · other public 0.58%

    Turnout: all 31.74% · promoters 98.69% · institutions 57.44% · other public 12.23%

  4. Appointment of Mr. S. L. Narayana Raju as Chief Financial Officer (CFO)
    Ordinary
    85.39% for14.61% against

    Against: promoters 0.00% · institutions 99.87% · other public 0.52%

    Turnout: all 31.74% · promoters 98.69% · institutions 57.44% · other public 12.23%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 7 Feb 2025, 7 resolutions

6,53,703 shareholders on the register on 30 Jan 2025; present: 0 promoters and 122 others; votes counted by Saurabh Poddar / SAURABH PODDAR & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of Audited (Standalone & Consolidated) Financial Statements.
    Ordinary
    89.55% for10.45% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.05%

    Turnout: all 43.90% · promoters 84.95% · institutions 57.16% · other public 32.21%

  2. Appointment of M/s P R Chandra & Co., Chartered Accountants (Firm Registration #018985S) as Statutory Auditors of the Company for the Financial year 2023-24.
    Ordinary
    97.71% for2.29% against

    Against: promoters 0.00% · institutions 21.61% · other public 0.02%

    Turnout: all 43.95% · promoters 84.95% · institutions 57.86% · other public 32.21%

  3. To re-appoint Mr. Raghunath Allamsetty (DIN # 00060018), who retires by rotation, and being eligible offers himself for the re-appointment.
    Ordinary
    96.68% for3.32% against

    Against: promoters 0.00% · institutions 31.25% · other public 0.05%

    Turnout: all 43.95% · promoters 84.95% · institutions 57.86% · other public 32.21%

  4. To appoint M/s Saurabh Poddar & Associates, (Firm Registration No. S2012AP177700) as Secretarial Auditor of the Company for a period of 5 years ie. FY 2025-26 to FY 2030-31.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 43.95% · promoters 84.95% · institutions 57.86% · other public 32.21%

  5. To appoint Mr. Paladugu Venkata Subba Rao (DIN # 10844145) as an Independent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 43.95% · promoters 84.95% · institutions 57.86% · other public 32.21%

  6. To appoint Ms. Deepika Daliya (DIN # 10844736) as an Independent Director of the Company.
    Special
    97.74% for2.26% against

    Against: promoters 0.00% · institutions 21.36% · other public 0.02%

    Turnout: all 43.95% · promoters 84.95% · institutions 57.86% · other public 32.21%

  7. To appoint Mr. Ali Akber Bakir Bhoy Mamuwala (DIN # 07428015) as an Independent Director of the Company.
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 43.95% · promoters 84.95% · institutions 57.86% · other public 32.21%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 21 Nov 2024, 8 resolutions

Present: 0 promoters and 97 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited (Standalone and Consolidated) Financial Statements for FY 2022-23
    Ordinary
    57.58% for42.42% against

    Against: promoters 0.00% · institutions 100.00% · other public 2.93%

    Turnout: all 11.23% · promoters 11.23% · institutions 52.01% · other public 6.24%

  2. Appointment of Statutory Auditors
    Ordinary
    59.98% for40.02% against

    Against: promoters 0.00% · institutions 95.67% · other public 1.50%

    Turnout: all 11.22% · promoters 11.23% · institutions 51.92% · other public 6.24%

  3. To re-appoint Mr. Raghunath Allamsetty (DIN # 00060018), who retires by rotation, and being eligible offers himself for the re-appointment.
    Ordinary
    83.87% for16.13% against

    Against: promoters 0.00% · institutions 23.37% · other public 15.99%

    Turnout: all 11.29% · promoters 11.23% · institutions 52.64% · other public 6.24%

  4. Appointment of Mr. Raghunath Allamsetty (DIN # 00060018) as an Director (Executive) of the Company
    Special
    80.29% for19.71% against

    Against: promoters 0.00% · institutions 32.07% · other public 15.91%

    Turnout: all 11.29% · promoters 11.23% · institutions 52.64% · other public 6.24%

  5. Appointment of Mr. Ram Sharma (DIN # 06747944) as an Independent Director of the Company.
    Special
    93.55% for6.45% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.06%

    Turnout: all 11.29% · promoters 11.23% · institutions 52.64% · other public 6.24%

  6. Appointment of Mr. Satyanarayana Yadavally (DIN # 07583181) as an Independent Director of the Company.
    Special
    93.44% for6.56% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.34%

    Turnout: all 11.29% · promoters 11.23% · institutions 52.64% · other public 6.24%

  7. Appointment of Dr. Chandrika Setu Sharma (DIN # 10753180) as an Independent Director of the Company.
    Special
    93.47% for6.53% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.24%

    Turnout: all 11.29% · promoters 11.23% · institutions 52.64% · other public 6.24%

  8. Appointment of Mr. Pleo Ganeshan (DIN # 08983194) as an Independent Director of the Company.
    SpecialPromoters have an interest in it
    93.46% for6.54% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.28%

    Turnout: all 11.29% · promoters 11.23% · institutions 52.64% · other public 6.24%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2022, 4 resolutions

Present: 11 promoters and 72 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements (Standalone and Consolidated) together with thenreports of the Board of Directors and Auditors thereon.
    Ordinary
    98.58% for1.42% against

    Against: promoters 0.00% · institutions 0.65% · other public 9.91%

    Turnout: all 25.26% · promoters 96.75% · institutions 28.64% · other public 4.98%

  2. To declare the final dividend on equity shares of the Company for the financial year endednMarch 31, 2022.
    Ordinary
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.21%

    Turnout: all 25.27% · promoters 96.75% · institutions 28.74% · other public 4.98%

  3. To re-appoint Mr. Vijay Kancharla (DIN: 02744217), who retires by rotation, and being eligible noffers himself for the re-appointment.
    Ordinary
    82.14% for17.86% against

    Against: promoters 0.00% · institutions 90.41% · other public 25.61%

    Turnout: all 25.27% · promoters 96.75% · institutions 28.74% · other public 4.97%

  4. Appointment of M/s. P. Murali and Co., Chartered Accountants, Hyderabad (Firm Registration No. 007257S) as Statutory Auditors of the Company
    Ordinary
    97.87% for2.13% against

    Against: promoters 0.00% · institutions 0.64% · other public 15.26%

    Turnout: all 25.27% · promoters 96.75% · institutions 28.74% · other public 4.97%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 27 Feb 2022, 3 resolutions

The company's voting result (opens in a new tab)

  1. Increase in Authorised Share Capital of the Company
    Ordinary
    99.27% for0.73% against

    Against: promoters 0.00% · institutions 2.32% · other public 0.80%

    Turnout: all 10.50% · promoters 17.24% · institutions 70.27% · other public 6.74%

  2. Alteration in the Capital Clause of Memorandum of Association
    Special
    93.21% for6.79% against

    Against: promoters 0.00% · institutions 42.90% · other public 0.82%

    Turnout: all 10.50% · promoters 17.24% · institutions 70.27% · other public 6.74%

  3. To Capitalize Reserves of the Company and to issue Bonus Shares
    Ordinary
    93.35% for6.65% against

    Against: promoters 0.00% · institutions 40.58% · other public 1.26%

    Turnout: all 10.50% · promoters 17.24% · institutions 70.27% · other public 6.74%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 31 Dec 2021, 5 resolutions

Present: 9 promoters and 117 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements (standalone & Consolidated) together with the reports of the Board of Directors and Auditors’ thereon
    Ordinary
    94.79% for5.21% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.49%

    Turnout: all 6.75% · promoters 8.79% · institutions 76.54% · other public 4.43%

  2. To declare the final dividend on equity shares of the Company for the financial year ended March 31, 2021
    Ordinary
    99.28% for0.72% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.46%

    Turnout: all 6.80% · promoters 8.79% · institutions 78.99% · other public 4.43%

  3. To reappoint Mr. M. Suresh Kumar Reddy (DIN: 00140515) who retires by rotation and being eligible, offers himself for reappointment
    Ordinary
    99.71% for0.29% against

    Against: promoters 0.00% · institutions 1.03% · other public 0.14%

    Turnout: all 6.76% · promoters 8.79% · institutions 77.05% · other public 4.43%

  4. To appoint Mr. Nilendu Narayan Chakraborty (DIN: 07505277) as an Independent Director of the Company
    Ordinary
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 6.80% · promoters 8.79% · institutions 78.99% · other public 4.43%

  5. Issue of Equity Shares on a preferential basis
    Special
    99.76% for0.24% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.49%

    Turnout: all 6.79% · promoters 8.79% · institutions 78.99% · other public 4.42%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 30 Sep 2022, 3 fund houses

  • Adoption of the Audited Financial Statements (Standalone and Consolidated) together with thenreports of the Board of Directors and Auditors thereon.
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundNon-disclosure of latest financial statements of Subsidiaries on the website
    2 for1 against
  • To declare the final dividend on equity shares of the Company for the financial year endednMarch 31, 2022.
    3 for0 against
  • To re-appoint Mr. Vijay Kancharla (DIN: 02744217), who retires by rotation, and being eligible noffers himself for the re-appointment.
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundLow Attendance
    2 for1 against
  • Appointment of M/s. P. Murali and Co., Chartered Accountants, Hyderabad (Firm Registration No. 007257S) as Statutory Auditors of the Company
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundInadequate disclosure
    2 for1 against

Mutual fund votes, meeting of 27 Feb 2022, 1 fund house

  • Increase in Authorised Share Capital of the Company
    1 for0 against
  • Alteration in the Capital Clause of Memorandum of Association
    1 for0 against
  • To Capitalize Reserves of the Company and to issue Bonus Shares
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeCentral Excise & Service Tax Appellate Tribunal, Hyderabad.Since 31 Mar 2015
    Ongoing
  • Tax disputeCentral Excise & Service Tax Appellate Tribunal, Hyderabad.Since 31 Mar 2015
    Ongoing
  • Tax disputeCentral Excise & Service Tax Appellate Tribunal, Hyderabad.Since 31 Mar 2019
    Ongoing
  • Tax disputeCentral Excise & Service Tax Appellate Tribunal, Hyderabad.Since 31 Mar 2022
    Ongoing
  • Tax disputeCIT (Appeals) / ITATSince 31 Mar 2016
    Ongoing
  • Tax disputeCIT (Appeals) / ITATSince 31 Mar 2025
    Ongoing
  • Tax disputeCIT (Appeals) / ITATSince 31 Mar 2021
    Ongoing

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 1 complaint open, quarter to Mar 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.