[radhutheoptimist]

At BGSHA, We keep trying out all options such as sending mails to SEBI, finance ministry, engaging management, creating twitter waves, preparing for protests and supporting the group pursuing legal options. Some are yielding results. Atleast management has sent notifications on Q2 & Q3 results, appointment of independent directors. We are hopeful about CS appointment too. May be AGM notification and subsequent CFO appointment are close by. Ofcourse given to the track record of BCG nothing is guaranteed unless actual results are published. But this time there are indications that it may get published. Atleast that is how we felt through our interactions.

Our twitter posts are being noticed as we tag it to many people. You can help by reposting it. we go by BGSHANEWS. Please follow and repost.

https://x.com/bgshanews/status/1819620259831161166

You can also join bgsha through http://WWW.BGSHA.in

Let’s hope for better days ahead.

 

[radhutheoptimist]

@Akhil ji is it fair on your part to expect me to report here… but you don’t want to join through http://www.bgsha.in to support us?

Anyway I don’t have any good news to share here. We are losing hopes as we get closer to July 31, 2024. Chances of BCG publishing audited consolidated quarterly reports seem remote. If it happens I would consider it as miracle.

BGSHA, though not involved but actively supporting the group which is pursuing Class Action Suit. Some 300 members have given all the details and they have finalised the lawyer to draft the case. Most probably it will happen by first week of August.

We at BGSHA, started knocking every door we see. We are not getting required help from SS as of now. We wrote to Ms. Sucheta Dalal for support. Sending twitter posts on daily basis. Though we have around 4000 members now with collective shareholding almost closer to 13% equity, we are unable to make BCG as viral topic as everyone is busy but expect someone has to do something. The next step what we are planning is go on protest in front of either SEBI Mumbai office or BCG Hyderabad office. But I am feeling little skeptical as of now for getting support for such things. People may get that anger ‘within’ if they don’t see any positive development by July 31, 2024.

Bottomline…. Diplomacy is failing, some other drastic action need to set in. Are you game for it? Check http://www.bgsha.in

[radhutheoptimist]

@saach ji can you please elaborate on your point. Let’s have a full understanding as you feel it is important for us to know. This is why I keep insisting to join the Association through http://www.bgsha.in

Right now our focus is on
– work with the management. Insist on getting quarterly reports and coming out of trade suspension. Ask for clarifications on set of some 15 questions as suggested by the members. Requested BENPOS, though we are not very sure if we would get it from them, but that is the process we need to follow first.

– gather support of SS kind of investors and see if something can be worked out outside the current management. We established contact and someone is following it up.

– Talk to SEBI and request for a speedier solution. Someone is working on it.

– Look at the possibility of calling for Association initiated EGM

– some member group is pursuing CAS option. Association is not in Favour of that option at this point of time. However, we will consider it in future if we are forced to

– we hope we will get the papers from the Registrar of Society by this week. With that we will go for applying for PAN…and subsequently a Bank account. We are not collecting any money at this point of time. But we will be ready to facilitate any need in future.

– currently around 1900 people have sent their member consent form and our collective shareholding is moving towards 9% of equity. Most of the members have quoted their holding (it is an optional field). We have their name, email, qty, phone. In case of need we can contact them immediately. Meanwhile some Youtubers are showing keen interest and spreading the news about Brightcom Share Holders Association, BGSHA.

This is a collective effort. All likeminded, learned and well-focused people are working on this. We seek support from this group too.

Please support and spread http://www.bgsha.in

you can contact me through @RadhuTheOptimist in telegram. I will respond.

[radhutheoptimist]

Why so much reluctance to join Brightcom Group Shareholders Association, BGSHA. We established contact with Mr.Shankar Sharma and today he is one of the members. Right now we have around 970 members with a collective share holdings exceeding 120 millions… Almost moving towards 7% of the equity. We engage with management on daily basis. Started contacting some HNI and were successful with some.

Time to come out of the shell and join BGSHA family. We need people like you to guide us.

Please check http://www.bgsha.in

That is the starting point to become a member.And it is free.

I can be reached in telegram ‘RadhuTheOptimist’ or secretary.bgsha@bgsha.in

[radhutheoptimist]

As promised we will have a registered Association in another 10 days time…with all procedures in place. And already we have support of 800 people with 100 million shares holdings. Opened communication channel with the Management… May be if we really push hard we can take the count to 2000/200 million collective holdings.

But this is where we need an Angel… To direct us in the right direction. I know this group is full of potential angels… But not sure who would actually get in to guide.

Check http://www.bgsha.in

[radhutheoptimist]

The only solution at this point of time is joining the Brightcom Group Share Holders Association – BGSHA… And working together.

Check this out.

http://www.bgsha.in

[radhutheoptimist]

Ok… We don’t know if BCG is really owning OMS as we started questioning everything now. What can we do now? Can we write to OMS and ask them right away as an individual? OMS may not respond. Will OMS respond if a mail goes from President of BCG Share holder Associations whose membership is 2000 and who hold more than 10% of equity. Chances are very high… Right?.

Same logic applies to everywhere…. SEBI, ED, or the company itself

We didn’t think of starting an Association earlier as we thought it wasn’t easy. But today a group of well-educated sincere honest people joined together and making the association a reality with single most objective of safeguarding shareholders interest.

Now what are we waiting for to join?

Yes… We are asking about certain personal details like your DP name, email id and an optional detail like quantity you hold.

But think about it. Can we go anywhere and say that we have 2000 shareholders as members? Won’t BCG ask us to provide proof if all these 2000 members are actually holding shares of BCG. How do we prove that? We have to give name as per DP record and quantity and may be DP number. You are providing these details not to some faceless organization but to an officially registered entity (though we do such things in our day-to-day life like giving away a copy of our Aadhaar and all blahs to anyone asking for} This is the process, and we need to follow it if we want the Association to become successful. Right now, I am the only person who has access to the data, and it will remain like that. Though I am not sure what one can do keeping those numbers and name.

We are just planting a sapling here. We will sincerely water it and fearlessly safeguard it. When it grows it will provide fruits not only to those who watered it… But to EVERYONE,

In case

This is the form

https://forms.office.com/Pages/ResponsePage.aspx?id=DQSIkWdsW0yxEjajBLZtrQAAAAAAAAAAAANAAXKdTQ5URUJNWEdBMTYwQjBTRk1VVjI0MU01WTIyOS4u

To join BCG shareholders association. BGSHA

Thank you
Radhu

[radhutheoptimist]

Thank you Logan ji

That’s all we want. You don’t have to join the association if you don’t prefer to.

The association BGSHA will get registered….we will have enough members support… We will be meeting the management eventually face to face. We have to ask right questions, provide suggestion and set expectations. SO WE NEED TO BE CLEAR FIRST ON WHAT IS RIGHT. We don’t want to mess it any further.

You can guide us through this forum too. I can take it from here. Let us know what you expect from the association.

Thank you for your response. Can I go and tell the crowd that we have the blessings of Logan ji. We will get atleast 5k members joining immediately 😁.

🙏

[radhutheoptimist]

I am just wondering… What is happening to this group. Why there is not much encouragement to an Association of BCG share holders with a legal standing. What is the point of writing pages and pages of comments in social forums when someone can really represent share holders and suggest better ways to BCG management. Why don’t you we have faith in the system and process?

Today I can promise you to get the written support of minimum 2k shareholders with 10% of holding in a very short period of time…which is good enough to demand EGM…. Or good enough to have a representative on behalf of the retailers. But still… Here in this group people believe someone else will take care of it… So what happens to those pages and pages of postings?

At BGSHA… with our collective holdings we are trying to engage management for a dialogue. Which seems to be possible given the indications. Why there is no enthusiasm or interest shown in this group? I believe people in this group have much more knowledge than us to have a beneficial dialogue to the fellow share holders? Still no taker..Have you sold out your shares and given up? If so… Have the guts to say so. I will move on knocking other doors (I might laugh… But..)

[radhutheoptimist]

This is the form

https://forms.office.com/Pages/ResponsePage.aspx?id=DQSIkWdsW0yxEjajBLZtrQAAAAAAAAAAAANAAXKdTQ5URUJNWEdBMTYwQjBTRk1VVjI0MU01WTIyOS4u

To join BCG shareholders association. BGSHA

[radhutheoptimist]

Thank you @Nikhilraj

Brightcom Group Share Holders Association – BGSHA, currently has 400 membership requests with collective holdings of 65 million shares and we are growing. Our Association registration process is in progress and we are hopeful of getting it stamped by June 2024.

The objective of the Association is very simple. Anything and everything is fine as long as it benefits retail shareholders of BCG.

I strongly believe this is the only way you can safeguard retailers rights and interests. So let’s give it a try. There is nothing much to lose at this point of time.

It can turn out be a new beginning to BCG too…under new management with sincere retailers representation I am sure BCG can flourish.

Please check it out. This is the starting point.

https://t.me/+yxgWwhoBTuxkZTU1

[radhutheoptimist]

Thank you @Vroom.

We definitely need your kind of people in Advisory Committee to guide the Association. You can send a mail to secretary.bgsha@gmail.com and we can take it forward.

Since you already sent a form you would have received all the details by now.

Lets work together

Those who wants to get in… please check it out

https://forms.office.com/r/mQxGxbEKrc

Thanks
Radhu

[radhutheoptimist]

I am not going to ask this group to join Share Holders Association. I am done with that part. However, I respect the collective knowledge this group has gained over a period.

Now that let’s say, we have an Association in hand with around 200 people have given their consent to join who have a collective holding is more than 1% of equity (remember, this happened within one day of announcement about the association which currently open only to those people who are holding bcg shares since March 2022 or before), and we are at a situation where there is a danger of suspension of trading, there are cases going on, we don’t know what the management is doing….

what will be your course of action? You don’t have to join the Association for whatever apprehensions you have towards the idea… but you can give suggestions to people who are willing to take it forward.

Eager to hear from you.

In case there is change of mind… check it out
https://forms.office.com/r/mQxGxbEKrc

Thank you.
Radhu

[radhutheoptimist]

By the way the membership is open for anyone who is holding BCG share. At this point of time we are calling long time holders just to manage the membership enrollment. Right now we are doing everything manually and people spend their personal time to make it happen. All core team members are like you and me and our only focus at this point is form the association.

[radhutheoptimist]

Dear Saach

All these days we were fighting for retailers representation to safeguard retailers interest and rights. All these days we were venting our anger in social media without any use. Now we are forming a registered Association which can act as a collective voice of the retailers, work with the management or legally challenge if required. A stage all these days we were asking for is being created. How we are going to achieve will be a collective decision.

This is just a first step. We took professional help to define MOA, took conscious decision of not collecting money and requesting people like you who are very knowledgeable to join Advisory Committee to guide the association.

Please get in and give directions or get elected to executive committee as we have to conduct election after forming the association.

We ourselves may not be knowing many things and we evolve as we grow. If there is any other better way of doing things let’s explore it together.

Together we will win

Radhu

[radhutheoptimist]

Within hours of requesting share holders of BCG to join Brightcom Group Shareholders Association, collective holding of members has crossed 2.5 million shares. 2653000 to be precise. Thank you. We haven’t even opened the membership to everyone and announced only to a small group like ours.

This gives tremendous confidence and encouragement to us for our single most objective to act as a collective voice to safeguard retail investors rights.

Check it out

https://forms.office.com/Pages/ResponsePage.aspx?id=DQSIkWdsW0yxEjajBLZtrQAAAAAAAAAAAANAAXKdTQ5UMVFYQzJISEQyTTkwSFpJNlRLQTUyUThPUy4u

Radhu

[radhutheoptimist]

Please use ☝️the form to join Brightcom Group Share Holders Association.

[radhutheoptimist]

https://forms.office.com/Pages/ResponsePage.aspx?id=DQSIkWdsW0yxEjajBLZtrQAAAAAAAAAAAANAAXKdTQ5UMVFYQzJISEQyTTkwSFpJNlRLQTUyUThPUy4u

[radhutheoptimist]

Thank you Logan ji

Brightcom Group Share Holders Association will eventually get registered. We are hoping that Registrar of Societies will complete the process in couple of weeks. Main objective of the Association is to safeguard and promote the interests of the retail investors of BCG and act as a collective voice. Mr.Bhupinder Singh will be our first President and I will be the Secretary. Long term investors like Dr.Supreet Prabhu, Jacob Mathew, Vijay Patil are all part of the core team. We will provide more details as we progress.

In the meantime we want to form an Advisory Committee to guide the Association. We want you to be part of it and lead it. I know there are many long term, knowledgeable, people who know the past history are part of this group. We want support of each and every share holders.

Right now we are calling members who are holding shares since March, 2022. We will soon open the membership for everyone. Please send an email to secretary.bgsha@gmail.com. Provide your name as in DP records and your acceptance to take membership. Membership is free for now. We will ask for funds as and when the need arises. Soon we will come out with google form and other mechanism to add members.

And our objective is not to take revenge on anyone or any activism. We are kind of open to any action which may be beneficial to the retail community. It is as simple as that. Let’s give it a try sincerely.

We can DO it.

Radhu

[radhutheoptimist]

Dear friends

We are in the process of forming a BCG share holders association at Bangalore. We are kind of almost there. We will get it registered by June second week. Some of the long term well known members are part of the core team. I Will update here once we submit the documents to the registrar. And ofcourse membership will be open to anyone holding BCG shares and it will be free for now. Will update soon with more details as we progress. Stay tuned.

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