Bodhi Tree Multimedia Limited — Important, 18-03-2025: Updates

The Right Issue Committee of Bodhi Tree Multimedia Limited has set March 24, 2025, as the record date for eligible shareholders to apply for a proposed rights issue of fully paid-up Equity Shares. The issue will comprise 5,55,37,777 shares at an issue price of ₹8.00 per share, targeting a total size of ₹4,443.02 Cr. The rights issue will open on April 15, 2025, and close on April 28, 2025, with the option for the Board to extend the period by up to 30 days. Shareholders can subscribe at a ratio of 4 shares for every 9 shares held.

This move indicates the company's strategy to raise capital for growth initiatives. Investors should monitor the upcoming rights issue closely, as it may influence market sentiment and the stock's liquidity.