Queries regarding BCG - Brightcom Group Ltd

Stocks
1

Brightcom Group Ltd
This stock was rising few weeks back but now hitting lower circuit since last week.

Queries

  • Any clue what is causing this ?
  • As per EGM, they have highlighted below 5 points. Can anyone clarify
  1. To Increase in Authorised Share Capital of the Company.
  2. To Alteration in the Capital Clause of Memorandum of Association.
  3. To Capitalize Reserves of the Company and to issue Bonus Shares.
  4. To approve raising of funds and issuance of securities by the Company.
  5. To Issue of Equity Shares on a preferential basis to Non-Promoters

Ref : https://archives.nseindia.com/corporate/BCG_05082021171726_EGMproceedings_VotingResults_05082021.pdf