Board of directors in their board meeting held on June 11, 2025 approved the Rights issue.
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Bodhtree Consulting Ltd's board, at its meeting on June 11, 2025, approved raising funds through a Rights Issue of equity shares (face value Rs. 10) for an aggregate amount not exceeding Rs. 1,410 Lakhs (Rs. 14.10 crore). The issue will be offered to existing eligible equity shareholders on a record date that will be notified later. A Rights Issue Committee has been constituted to oversee the process, and the detailed terms will be shared via the letter of offer. The issue will be carried out in compliance with SEBI ICDR Regulations, 2018 and the Companies Act, 2013. The specific use of proceeds and the issue price were not disclosed in this filing.
Existing shareholders will get the right to subscribe to additional shares in proportion to their holdings, but non-participating shareholders face equity dilution. The relatively modest size of the raise (Rs. 14.10 cr) suggests a small-cap fundraising event; investors should watch for the letter of offer for pricing and end-use details before deciding to participate.