Bodhtree Consulting Limited announced its intention to raise up to ₹3.99 crore through a preferential issue of equity shares. The company plans to issue up to 23,52,940 equity shares at an issue price of ₹17 per share. The funds raised will be utilized for working capital requirements and general corporate purposes.
Preferential Issue Proposal
Bodhtree Consulting Limited has announced plans to raise funds through a preferential issue. The company proposes to issue up to 23,52,940 equity shares of face value of ₹10/- each at a premium of ₹7/- per share, resulting in an issue price of ₹17/- per share. The total amount to be raised through this preferential issue is approximately ₹3,99,99,980/- (Rupees Three Crore Ninety Nine Lakhs Ninety Nine Thousand Nine Hundred and Eighty only).
Purpose of Funds
The proceeds from this preferential issue are intended to be utilized for the company’s working capital requirements, supporting the expansion and scaling-up of its existing business operations, funding general corporate and administrative requirements, and strengthening its overall financial position. The funds may also be allocated to new business opportunities, projects, and other operational requirements, as determined by the management.
Proposed Allottees
The preferential issue will be made on a private placement basis to two non-promoter entities: M/s. Nerdix Technologies LLP and M/s. Virello Estates LLP.
Shareholding Impact
Post the preferential issue, the shareholding patterns are expected to change. For M/s. Nerdix Technologies LLP and M/s. Virello Estates LLP, each will hold 11,76,470 equity shares, representing 4.86% post-issue equity holding. The total post-issue equity holding for non-promoters will increase to 33.93%, while promoter holding will decrease to 66.07%.
Key Dates and Approvals
The company has obtained necessary approvals and is proceeding with the necessary filings. The e-voting period for the 44th Annual General Meeting, where this resolution will be voted upon, is scheduled from September 06, 2026, to September 08, 2026. The AGM itself is scheduled for September 09, 2026.
Source: BSE
