The Latest Breaking News from Brightcom Group

Brightcom Group CMD, CFO resigns

Brightcom Group CMD & CFO resign following SEBI investigation into irregularities. ED searches locations of Brightcom Group & auditor. Board proposes transition leadership team & search for CEO & CFO to ensure smooth continuation of operations. Steps taken to ensure compliance with regulations.

The Hindu · Aug 28, 2023

ED conducts searches at Brightcom Group’s locations

The ED’s action was based on investigations being conducted by the Securities and Exchange Board of India (SEBI) regarding impairment of assets worth ₹868.30 crore by BG through its subsidiaries abroad.

The Hindu · Aug 26, 2023

Hyderabad: ED seizes cash, gold worth over Rs 12 crore in FEMA probe

NEW DELHI: As part of an investigation into alleged foreign exchange violation, the Enforcement Directorate(ED) on Saturday said that it has seized cash and gold worth more than Rs 12 crore from the premises of a Hyderabad-based auditor.

The Times of India · Aug 26, 2023