Further to the update given to the Shareholders through the Exchanges vide our notifications dated April 28, 2022 and May 12, 2022 regarding the issuance & credit of Bonus Shares, this is to inform the Shareholders that today we have received the Listing Approvals for the said Bonus Issue from both BSE Limited and National Stock Exchange of India Limited. The Company will now proceed further on the Corporate Actions with the Depositories in consultation with our RTA followed by the Final Trading Applications with the Stock Exchanges and ensure to credit the Bonus Shares by Thursday, May 19, 2022.
Brightcom Group Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2022 ,inter alia, to consider and approve Pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, notice is given that the Board of Directors of the Company will meet on Saturday, May 28, 2022, inter-alia, to transact the following business items: 1. To consider and approve the Company''s audited financial results (Standalone & Consolidated) for the quarter & financial year ended March 31, 2022. 2. To recommend the final dividend, if any, for the financial year ended March 31, 2022.
With reference to the above SEBI circular, our company Brightcom Group Limited does not attract the 'Large Corporate' reporting requirement as per the framework in the above circular. We request you to please take note of the same.
This is to inform all our stakeholders that Brightcom has opened an office in Berlin, in line with its focused growth strategy for the EU region. With this, the company now has 25 offices worldwide. The Berlin office will be led by Daria Oshry, VP of Publisher Solutions for Brightcom. She has been in various roles within the company, from being the team lead of video advertising to Head of display advertising to the current role of Vice President in managing broader publisher solutions for Brightcom''s clients. Berlin is the centre of innovation and digital technology in Germany. Opening an office in the capital is logical for a group like Brightcom in two ways. One is to soak up the technology and creative energies in Berlin. Two is to be able to enhance business development efforts in the great EU area. The added benefit is that Berlin is Germany''s tech capital and a strong magnet for talent worldwide.
We want to inform our shareholders through this letter regarding the status of the Bonus issuance, which the Company''s Board approved on 25th January 2022. The Company has sent an application to the Exchanges regarding the permissions to list the bonus shares. We expect to hear back from Exchanges on this matter in the next few days. This is the last step before the request to deposit bonus shares into members'' DPID is executed. We will inform the shareholder community as soon as the Exchange approval arrives.