Intimation of In-Principle approval received from BSE Limited today related to proposed Rights issue.
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Bodhtree Consulting Ltd has received in-principle approval from BSE Limited on June 20, 2025 for a proposed Rights Issue of fully paid-up equity shares. This follows the company's earlier announcement on June 11, 2025 and a Rights Issue Committee meeting held on June 19, 2025. The Rights Issue Committee of the Board will meet again on June 24, 2025 to finalize key terms such as the record date, issue price, and entitlement ratio. No pricing or ratio details have been disclosed yet.
This is a procedural step toward launching a Rights Issue, which could lead to equity dilution for existing shareholders depending on the entitlement ratio and price. Shareholders should watch the June 24 meeting for final terms and the record date.