News Overview

For September 2024, passive funds reported a 45.7% growth in folios and a 44.9% growth in AUM on a yoy basis.

The record SIP flows in September 2024 takes the average monthly SIP flows in FY25 to ₹22,321 Crore

The newly awarded Maharatna status grants HAL increased operational and financial autonomy, enabling the company to make investments of up to 15% of its net worth in various projects.

When a stock is placed under the F&O ban, no new positions are allowed, and only existing positions can be squared off.

Despite the September selling, debt fund flows were positive in the second quarter of FY25

The issue of equity shares raises the paid-up equity share capital from ₹17.61 Crore to ₹20.31 Crore.

In Q2, the company's earnings per share (EPS) increased by 35.88% y-o-y to ₹0.15, indicating its profitability.

This sale follows a National Company Law Tribunal (NCLT) order issued in September and October 2021, which permitted the deal to proceed.

Aside from compliance, the Brightcom Group stated that all other business efforts are on track with no substantial disruption.

The company has also been declared the lowest bidder for a project worth ₹918 Crore by the Brihanmumbai Municipal Corporation (BMC).