Brightcom Group Limited announced that its Board of Directors, in a meeting held on January 31, 2026, approved the cancellation and annulment of certain preferential allotments previously made by the company. The decision to cancel these allotments was due to the non-completion of related subscription transactions. The affected allottees include LGOF Global Opportunities Limited, for whom 5,00,00,000 shares were to be allotted, and Connecor Investment Enterprise Limited, with 1,66,66,667 shares intended for allotment. This cancellation is effective from January 31, 2026. The company's executive team will complete all necessary paperwork related to this decision. The board meeting commenced at 7:00 PM and concluded at 7:45 PM on January 31, 2026.
