Outcome of the Right Issue Committee ("Committee") of Bodhi Tree Multimedia Limited ("Company") dated May 19, 2025
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Bodhi Tree Multimedia Limited has completed its rights issue with the allotment of 5,55,37,777 (approximately 5.55 crore) Rights Equity Shares at an issue price of Rs. 8.00 per share. The price includes a premium of Rs. 7.00 per share over the face value of Rs. 1.00. The total issue size comes to approximately Rs. 44.43 crores. The Basis of Allotment was finalized by NSE as the designated stock exchange on May 19, 2025. A new ISIN (INE0EEJ20023) has been issued for the rights shares. The Rights Issue Committee approved the allotment to eligible allottees at its meeting held on May 19, 2025.
Shareholders who did not subscribe to the rights issue will see their equity stake diluted. The company has successfully raised around Rs. 44.43 crores through this rights issue, which could strengthen its balance sheet and fund growth or operational needs.