Bright Outdoor Media Makes Main Board Debut on BSE and NSE; Dr. Yogesh Lakhani Celebrates Milestone at NSE Bell-Ringing Ceremony
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Ashish Shelar, Bhagyashree, Padmini Kolhapure, Poonam Dhillon, Adv Amit Mehta, Shekhar Suman and other personalities attended the celebration marking the company’s next phase of growth.
Bright Outdoor Media Limited marked a significant milestone in its corporate journey by transitioning from the BSE SME Platform to the Main Boards of BSE Limited and the National Stock Exchange of India (NSE). The development was commemorated with a special bell-ringing ceremony at the NSE, attended by political representatives, film personalities, business associates and other distinguished guests.
The occasion saw the presence of Ashish Shelar, along with actors Bhagyashree, Padmini Kolhapure, Poonam Dhillon, Shekhar Suman, Rajat Bedi and Manoj Joshi, among others. The gathering brought together personalities from the entertainment, business and public spheres to mark the company’s new chapter.
Led by Chairman and Managing Director Dr. Yogesh Lakhani, Bright Outdoor Media became the first company from India’s Out-of-Home (OOH) advertising industry to list on the BSE SME Platform on March 24, 2023. Its transition to the Main Boards of BSE and NSE represents a further step in its corporate growth and provides the company with a wider platform to engage with investors and market participants.
Founded in 1980 and headquartered in Andheri, Mumbai, the company has over four decades of experience in the outdoor advertising sector. Its operations include a network of more than 1,350 hoardings across strategic locations and over 50 large-format Digital LED Billboards in Mumbai. Its portfolio also includes advertising opportunities connected with public infrastructure, railway networks and government-led projects.
The company has been expanding its presence across traditional and digital outdoor advertising formats. Its Bright 360 initiative is aimed at developing integrated branding and advertising solutions, while its future focus includes digital advertising, infrastructure-led opportunities, new markets and sustainability initiatives such as solar-powered advertising infrastructure.
In its reported financial performance, Bright Outdoor Media recorded total revenue of ₹155.43 crore, EBITDA of ₹35.23 crore and net profit of ₹24.05 crore for FY26. For H2 FY26, the company reported revenue of ₹92.12 crore, EBITDA of ₹20.25 crore and net profit of ₹13.97 crore.
Speaking at the occasion, Dr. Yogesh Lakhani, CMD of Bright Outdoor Media Limited, said, “This is an extremely proud and emotional moment for me and the entire Bright Outdoor Media family. Our journey from the BSE SME Platform to the NSE Main Board has been built on years of hard work, perseverance, trust and the unwavering support of our clients, partners, employees and investors. This milestone is not just an achievement for the company but a reflection of the belief that people have placed in us. I am grateful to everyone who has been part of this journey. The NSE listing opens up a new chapter for Bright Outdoor Media, and we look forward to scaling greater heights, exploring new opportunities and creating long-term value for our shareholders.”
The Main Board transition marks another milestone for the Mumbai-based company as it looks to expand its advertising network, strengthen its digital capabilities and explore new opportunities in India’s evolving outdoor advertising industry.
