Bodhi Tree Multimedia Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/05/2026 ,inter alia, to consider and approve The proposal for fund ....
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Bodhi Tree Multimedia Ltd has informed exchanges that its Board meeting scheduled for May 14, 2026 (postponed from an earlier date) will consider a proposal for fund raising through preferential issue, private placement, and/or rights issue of securities. The meeting will also address incidental and ancillary matters. The company has confirmed that its trading window remains closed since April 1, 2026, due to the declaration of audited financial results for the year ended March 31, 2026. No specific details regarding issue size, pricing, or target investors have been disclosed in this intimation.
The meeting notice signals potential equity fundraising, which could be dilutive for existing shareholders. The vague language around 'fund raising' leaves the door open for various instruments including rights issues or preferential placements, but specifics will only be known after the board meeting.