Brightcom Group Incorporates Defence Subsidiary; Stock Gains 2.7%

Hyderabad, October 28, 2025: The share price of Brightcom Group Limited rose by 2.7% to ₹13.67 after the company’s announcement that they have incorporated a new wholly owned subsidiary, Brightcom Defence Private Limited, to help house the company’s defence-focused business vertical.

Brightcom Group Limited is a Hyderabad-based IT-enabled services company engaged in digital marketing, ad-tech, and technology solutions across global markets. The company was listed on May 8, 2015, and continues to maintain an active trading status on both NSE and BSE.

Incorporation Details

Brightcom Group Limited has announced the incorporation of a new subsidiary, Brightcom Defence Private Limited, that represents Brightcom’s official entry into the defence technology market. The newly formed subsidiary is registered with the Ministry of Corporate Affairs and shares its registered office at Raj Bhavan Road, Hyderabad, with the parent company.

It has an authorised capital of ₹10 lakh and a paid-up capital of ₹1 lakh, both of which are held entirely by Brightcom Group Limited, making it a wholly owned subsidiary of the parent company. The company also announced the launch of a completely bespoke website www.brightcomdefence.ai to provide customers with information about the company’s products, engage with customers, and provide future updates of the company’s defence technology business.

Leadership Structure

Brightcom Defence will be led by a three-member board:

• M. Suresh Kumar Reddy – Chairman & Managing Director
• Raghunath Allamsetty – Executive Director
• M. V. Mayuk Reddy – Executive Director and Execution Lead

Mayuk Reddy, an IIT Bombay alumnus with a background in UAV technologies and prior experience at Flock AI (New York) and T-Hub Hyderabad, will head the execution of the subsidiary’s projects under the board’s guidance.

Stock Performance Snapshot

As of 11:33 AM, Brightcom Group Limited shares were trading at ₹13.67, which is a 2.70% gain. Shares of Brightcom Group Ltd (NSE: BCG, BSE: 532368) opened at ₹13.45 and moved between a high of ₹13.84 and a low of ₹13.39 during the trading session. The company’s market capitalization stands at ₹2,760 crore.

REF: https://nsearchives.nseindia.com/corporate/BCG_27102025220952_ExchangeNotificationBCDIncorporation.pdf

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