G Business Investigation Impact: Clears the air around BCG bonus share list,

Date of BCG Bonus Share List: The good news for BCG (Brightcom Group) shareholders is that G Business Investigations has paid dividends on bonus share listings as the firm has confirmed a temporary date for listing and crediting shareholders’ demat accounts.

Following G Business’s investigation into the matter, the company said in a regulatory filing that it hopes to receive approval to list bonus shares from the exchange on Friday, May 13, and that it will be credited to investors’ accounts by May 19.

“We expect the final listing approval from the exchange by Friday, May 13, 2022. Subsequent steps to deposit bonus shares into the accounts of all shareholders are expected to be completed on or before Thursday, May 19, 2022,” it said. A regulator.

Earlier, after receiving requests from multiple shareholders of the company, G Business began investigating the matter. Despite multiple attempts, neither the RTA nor the Exchange has been able to give a clear answer about the list of bonus shares.

When contacted by G Business, they said they had not received any confirmation from their company.

Watch the full video and telephone conversation of what happened when G Business spoke to RTA here:

Earlier, the Board of Directors of BCG had approved bonus shares on January 25, 2022.

Below is the full statement of the company filed on the exchange on May 12, 2022

Sub: Update on bonus share issue and credit

In addition to the updates given to shareholders through the Exchange through our notification dated April 28, 2022 regarding bonus share issue and credit, which was approved by the Board of Companies on January 25, 2022, as well as the news channels that were published yesterday on a leading business questions. I would like to update with the following information.

The company has already submitted the required listing application for bonus issue to both the stock exchanges regarding permission to list bonus shares by submitting all required documents including resolution, auditor certificate, annexure and other to the board and shareholders.

When considering the bonus, the paid up share capital of the company was Rs. 208.32 crore and the company has decided to set Wednesday, March 16, 2022 as the record date to ensure the eligibility of shareholders to issue bonus shares.

Therefore, to take advantage of the bonus issue, customers of pending priority issues have decided to subscribe to the priority issue of their equity shares for which the company is listed on the stock exchange as listed on January 23, 2022, January 25, 2022, 03 February, 2022 and March 09, 2022, respectively. Corporate actions are followed in consultation with our RTA and stock exchanges and final trading applications.

We expect final list approval from the exchange by Friday, May 13, 2022. Subsequent steps to deposit bonus shares into the accounts of all shareholders are expected to be completed on or before Thursday, May 19, 2022.

We will keep the shareholder community and the media informed as we move beyond these actions

This information is provided in accordance with Regulation 30 of the SEBI (LODR) Regulation, 2015. I request you to please note this

BCG has already become a proven multibagger. As of May 12, 2022, the stock has returned more than 1400% in the last one year and more than 2800% in the last two years. On Thursday, around 1 PM, BCG shares traded on the BSE with a 5% discount of Rs 61.95 per share.

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