Bodhi Tree Multimedia has scheduled an Extraordinary General Meeting (EGM) on October 28, 2026, where shareholders will vote on a proposed Qualified Institutional Placement (QIP) of ₹200 crore.

EGM details and QIP proposal

The company has convened the EGM to seek shareholder approval for the ₹200 crore fundraise through the QIP route. A Qualified Institutional Placement is a capital-raising mechanism that allows listed companies to issue equity shares or securities to qualified institutional buyers without a public offering.

Shareholder approval at the EGM is a key procedural step required before the company can proceed with the QIP issuance under applicable regulations. The meeting will be held virtually in compliance with MCA and SEBI circulars dispensing with physical attendance.

Objects of the issue

The explanatory statement outlines several strategic uses for the net proceeds from the proposed QIP. The company intends to utilize the funds to support its growth plans and strengthen its financial position. Key objectives include:

• Funding working capital requirements for the company and its subsidiaries, including production costs.
• Creation of original intellectual property such as films, web series, formats, animation, and digital-first content.
• Acquisition of or strategic investment in content production and distribution companies in India and overseas.
• Investment in production and post-production facilities, including studios, equipment, visual effects, and AI-enabled infrastructure.
• Expansion into new geographic, language, and platform markets, including regional-language markets and international markets.
• General corporate purposes within limits prescribed by SEBI ICDR Regulations.

Key terms and conditions

The special resolution seeks authority for the Board to issue equity shares and/or other eligible securities in one or more tranches. The allotment will be made exclusively to Qualified Institutional Buyers (QIBs). Notably, no single allottee shall be allotted more than 50% of the issue size, and the minimum number of allottees shall not be less than two.

A minimum of 10% of the eligible equity shares must be allotted to mutual funds. If mutual funds do not subscribe to this minimum percentage, the portion may be allotted to other QIBs. Promoters and persons related to promoters are barred from subscribing to the QIP.

The pricing of the securities will be determined based on the prevailing market conditions, subject to a floor price calculated under Regulation 176(1) of the SEBI ICDR Regulations. The Board may offer a discount of not more than 5% to this floor price. The allotment must be completed within 365 days from the date of passing the special resolution.

Regulatory compliance and monitoring

Since the issue size exceeds ₹100 crore, the company is required to appoint a SEBI-registered external credit rating agency as the Monitoring Agency. This agency will monitor the use of proceeds in accordance with Regulation 173A of the SEBI ICDR Regulations. The Monitoring Agency will submit quarterly reports until 100% of the issue proceeds are utilized.

The Eligible Securities allotted under the QIP will rank pari passu with existing equity shares in all respects, including dividend and voting rights. These securities will be subject to a lock-in period of one year from the date of allotment, except for sales on recognized stock exchanges as permitted by regulations. The company also confirmed that none of its directors or promoters are fugitive economic offenders.

Bodhi Tree Multimedia Limited disclosed the detailed voting results and scrutinizer report for its 13th Annual General Meeting held on September 30, 2026. All four resolutions, including the adoption of FY26 financial statements and enhancement of borrowing limits, were passed with the requisite majority.

The meeting was conducted through Video Conferencing or Other Audio Visual Means (OAVM) in compliance with Ministry of Corporate Affairs and SEBI circulars. Mr. Mautik Ajit Tolia, Managing Director, served as the Chairman. The e-voting period commenced on September 26, 2026, and concluded on September 29, 2026.

Voting participation and turnout

The company reported a total of 21,510 shareholders on the record date of September 23, 2026. Voting participation was heavily concentrated among the promoter group, which cast votes for 44,096,739 shares, representing 99.77% of the total votes polled. Public non-institutional investors voted on 345,988 shares, accounting for 0.29% of the total votes polled. No votes were polled by public institutional shareholders.

Resolution outcomes

All ordinary and special business items were approved. The resolution to adopt the Audited Standalone and Consolidated Financial Statements for FY26 received 44,339,124 votes in favour and 3,092 votes against, resulting in a 99.99% approval rate. Similarly, the re-appointment of Mr. Sukesh Devdas Motwani as Director, the enhancement in overall borrowing limits, and the approval of material related party transactions all secured identical vote counts.

Procedural details

The scrutinizer appointed for the meeting was CS Jaymin Modi of M/s Jaymin Modi & Co. The report confirms that electronic copies of the Annual Report were sent to registered email addresses. After the conclusion of the meeting, votes cast through remote e-voting were unblocked on September 30, 2026, in the presence of two witnesses. The results have been disseminated to the stock exchanges and uploaded on the company's website.