Bodhtree Consulting Limited announced a significant Board Meeting outcome, including its proposed renaming to Datakosa Limited, subject to member approval. The company also approved a preferential issuance of 23,52,940 equity shares at ₹17 per share to specific investors, Nerdix Technologies LLP and Virello Estates LLP. The Board also approved the fiscal year 2025-26 Board’s Report and the notice for the 44th Annual General Meeting (AGM) on September 9, 2026.
Board Meeting Highlights Key Strategic Decisions
Bodhtree Consulting Limited held a crucial Board of Directors meeting on August 11, 2026, during which several significant decisions were made, impacting the company’s future identity and financial structure. The meeting, which commenced at 12:30 p.m. IST and concluded at 04:00 p.m. IST, addressed key resolutions aimed at rebranding and capital infusion.
Company Renaming to Datakosa Limited Approved
One of the primary approvals was the alteration of the company’s Memorandum of Association (MoA) and the approval of a name change from “Bodhtree Consulting Limited” to “Datakosa Limited”. This change is subject to the approval of the company’s members and other requisite regulatory authorities. The company clarified that this name change will not alter its legal status, constitution, or significant operations. The decision is part of a renewed business vision encompassing data engineering, analytics, and technology consulting, along with venturing into real estate activities.
Preferential Share Issuance to Fund Growth
The Board also approved the further issuance of Equity Shares on a preferential basis to non-promoter investors. Specifically, 23,52,940 fully paid-up Equity Shares, each with a face value of ₹10, are to be issued at an issue price of ₹17 per Equity Share, which includes a premium of ₹7 per Equity Share. The total consideration for this issuance is expected to be ₹3,99,99,980. The allottees are M/s. Nerdix Technologies LLP and M/s. Virello Estates LLP. Post this issuance, their respective equity holdings will stand at 4.86% each, bringing the total post-issue holding of these new investors to 9.72%.
Annual General Meeting and Record Date Set
The Board approved the notice for the 44th Annual General Meeting (AGM) of the Company, scheduled for Wednesday, September 09, 2026, at 11:00 a.m. IST. The AGM will be conducted through Video Conferencing and other Audio Visual Means. To facilitate the AGM proceedings, the Register of Members and Share Transfer Books of the Company will remain closed on Thursday, September 03, 2026. This date has been fixed as the Record Date/Cut-off Date for determining the eligibility of members to attend and vote at the AGM. The remote e-voting period will commence on Sunday, September 06, 2026, at 9:00 a.m. IST and conclude on Tuesday, September 08, 2026, at 5:00 p.m. IST.
Scrutinizer Appointed for AGM Voting
Furthermore, Mr. Y. Ravi Prasada Reddy, a Practicing Company Secretary and Proprietor of M/s. RPR & Associates, has been appointed as the Scrutinizer to ensure the remote e-voting process and the voting at the 44th Annual General Meeting are conducted in a fair and transparent manner.
Source: BSE
