Bodhtree Consulting Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/06/2025 ,inter alia, to consider and approve the proposal for fund raising ....
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Bodhtree Consulting Ltd has informed BSE that its Board of Directors will meet on June 11, 2025, to consider and approve a proposal for fund raising by issuing equity shares through a Rights Issue. A Rights Issue allows existing shareholders to buy additional shares in proportion to their current holdings, typically at a discounted price. The company has also closed its trading window from June 6, 2025, until 48 hours after the board meeting concludes, in line with insider trading rules. No further details such as issue size, price, or record date have been disclosed yet.
If approved, existing shareholders will get the opportunity to purchase additional shares, which could lead to dilution if they choose not to participate. The stock may see volatility around the announcement and post-board meeting as details of the Rights Issue are revealed.