M/s. Bodhtree Consulting Limited has disclosed an inter-se transfer of 30,00,000 equity shares, representing 13.72% of the diluted share capital, from promoter Mr. Santosh Kumar Vangapally to M/s. Feature AI Digitals Private Limited. Feature AI Digitals holds 75% of the paid-up equity of Bodhtree and exercises exclusive management control. This transfer aims for administrative convenience and consolidates shareholding without altering ultimate ownership. The disclosure experienced a delay, being filed on September 02, 2026.
Inter-Se Share Transfer Announced
M/s. Bodhtree Consulting Limited has reported a significant inter-se transfer of shares involving its promoter. Promoter Mr. Santosh Kumar Vangapally has transferred 30,00,000 equity shares, equating to 13.72% of the diluted share capital of Bodhtree Consulting, to M/s. Feature AI Digitals Private Limited. The transaction, which occurred on August 31, 2026, is facilitated at a price of ₹14.00 per share.
Rationale and Structure Changes
The primary rationale behind this transfer is to consolidate Mr. Vangapally’s shareholding under a corporate structure, M/s. Feature AI Digitals Private Limited, for administrative convenience. Feature AI Digitals Private Limited holds 75% of the paid-up equity share capital of Bodhtree Consulting and exercises exclusive management and control. Importantly, this transaction does not result in any change to the ultimate ownership or control of Bodhtree Consulting. The aggregate shareholding of Mr. Vangapally and his promoter group remains unchanged at 18.29% before and after the transaction.
Regulatory Compliance and Disclosure
This acquisition qualifies for an exemption under Regulation 10(1)(a)(iii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure of this proposed acquisition was required to be made at least four working days prior to the transaction date. However, the advance disclosure was not made within the prescribed timeline. The required disclosure was subsequently made on September 02, 2026, resulting in a delay in compliance.
Shareholding Details
Prior to the transaction, Mr. Santosh Kumar Vangapally held 40,00,000 shares, representing 18.29% of the total share capital. Following the transfer, his shareholding is now 10,00,000 shares, accounting for 4.57%. M/s. Feature AI Digitals Private Limited, after acquiring the shares, holds 30,00,000 shares, which constitute 13.72% of the diluted share capital of Bodhtree Consulting.
Source: BSE
