Bright Outdoor Media Ltd

Bright Outdoor Media Limited has announced the addition of a new premium advertising hoarding at the Mira-Bhayandar corridor in Mumbai, expanding its OOH advertising space. The new hoarding, measuring 30 ft. x 30 ft. on both faces, adds 1,800 sq. ft. of advertising inventory. This follows the recent commissioning of two other hoardings in the same area, bringing the total premium advertising space in the corridor to 6,600 sq. ft. The company highlights the strategic location's high traffic flow and visibility, making it an attractive destination for brands across various sectors. This expansion reinforces Bright Outdoor Media's commitment to providing high-visibility advertising assets in key transit corridors.

Bright Outdoor Media Limited's Board has approved the migration of its equity shares from the BSE SME Platform to the Main Board of BSE Limited and plans to list on the NSE Main Board. The company, listed on BSE SME in March 2023, has shown significant growth in OOH advertising formats. This move aims to enhance investor visibility, improve liquidity, and support its long-term growth strategy. The company reported strong financial performance in FY26 with revenue of ₹155.43 Cr and net profit of ₹24.05 Cr.

Bright Outdoor Media Ltd announced key decisions from its board meeting held on June 12, 2026. The company plans to migrate its listing from the BSE SME Platform to the BSE Main Board and also list on the National Stock Exchange (NSE). Additionally, Ms. Kajal A Avalani was appointed as an Additional Director (Independent Non-Executive) for a five-year term, subject to shareholder approval. The board also approved conducting a postal ballot for shareholder consent on these matters and appointed a practicing company secretary as a scrutinizer for the e-voting process. The record date for the postal ballot was also fixed.

Bright Outdoor Media Ltd announced the appointment of Ms. Kajal A Avalani as an Additional Director (Independent Non-Executive) effective June 12, 2026, for a term of five years. This appointment is subject to shareholder approval. The board meeting also discussed the migration of the company's listing from the BSE SME Platform to the Main Board and listing on the NSE Main Board. Ms. Avalani brings over ten years of experience in Accounting and Finance.

Bright Outdoor Media Ltd has announced a Board of Directors meeting scheduled for June 12, 2026. The primary agenda items include considering and approving the migration of the company's equity shares from the BSE SME Platform to the BSE Main Board. Additionally, the board will discuss listing the shares on the National Stock Exchange of India's Main Board, subject to regulatory approvals. The meeting will also cover the approval of a Postal Ballot Notice to seek shareholder consent for this migration. The company will also address any other matters with the Chair's permission.

Bright Outdoor Media Limited has launched two new premium static hoardings in the Mira-Bhayandar corridor, offering a combined 4,800 sq. ft. of branding space. These hoardings are strategically located to capture high traffic flow and provide brands with significant visibility and recall. Additionally, the company introduced 'Bright's Curtain Raiser,' an innovative service combining static hoardings with LED screens to create dynamic launch platforms for brands. This new offering aims to enhance brand storytelling and engagement by transforming billboards into interactive event backdrops. The company reported H2 FY26 revenue of ₹92.12 Cr and FY26 revenue of ₹155.43 Cr.

Yogesh Jiwanlal Lakhani and Persons Acting in Concert (PACs) increased their shareholding in Bright Outdoor Media Ltd. to 69.94% through open market purchases. The acquisition involved 38,250 shares purchased on May 22, 2026. Before the acquisition, the total holding was 69.76%. Yogesh Jiwanlal Lakhani signed the disclosure, dated May 23, 2026.

Bright Outdoor Media Ltd (BSE – 543831) announced its Audited Financial Results for FY26, reporting strong earnings growth. Total Income crossed ₹155.43 Cr, EBITDA stood at ₹35.23 Cr, and Net Profit reached ₹24.05 Cr. The company witnessed growth across its advertising and allied business segments, with EBITDA growing 28.68% YoY and Net Profit increasing 26.06% YoY. Bright Outdoor Media is focused on expanding its Digital LED and DOOH portfolio and strengthening media inventories across airports, metros, and highways.

Bright Outdoor Media Ltd's board approved the audited standalone financial statement for the year ended March 31, 2026, and recommended a dividend of 5% (₹0.50 per share) for FY26, subject to shareholder approval. The board also appointed Mr. Prakash Dilip Ghanekar as the Internal Auditor for FY 2026-27. The meeting concluded at 5:30 P.M. IST on May 11, 2026.

Bright Outdoor Media Ltd. announced its audited standalone financial results for the year ended March 31, 2026. The Board of Directors, in its meeting held on May 11, 2026, approved the financial results and recommended a dividend of ₹0.50 per equity share (5%) for the financial year 2025-26, subject to shareholder approval. Additionally, Mr. Prakash Dilip Ghanekar was appointed as the Internal Auditor for the financial year 2026-27.