Bodhi Tree Multimedia Limited’s Board of Directors approved an enabling resolution for a Qualified Institutional Placement (QIP) of up to ₹200 crore on September 18, 2026. The move initiates the process for raising capital from institutional investors, with specific terms to be finalized later.

QIP structure and approval

The Board meeting held on September 18, 2026, authorized the company to raise funds aggregating up to ₹200 crore through a QIP in accordance with Chapter VI of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. This approval is enabling in nature, allowing the company to engage merchant bankers and advisors for preparatory activities.

The proposed issuance includes "eligible securities" such as equity shares, non-convertible debt instruments along with warrants, and convertible securities other than warrants. The final pricing, timing, and object of the issue will be placed before the Board and Audit Committee prior to launch.

Shareholder approval process

The Board has authorized the convening of an Extra-Ordinary General Meeting (EGM) to seek shareholder approval for the proposed QIP. The EGM will be conducted through Video Conferencing or Other Audio-Visual Means. Directors are authorized to finalize the notice, including the record date and remote e-voting details.

The specific utilization of net proceeds and other terms remain undisclosed at this stage. The company must obtain shareholder approval before proceeding with the actual issuance of securities.

Bodhi Tree Multimedia has scheduled a board meeting for September 18, 2026, to consider raising funds through equity shares, convertible securities, or debt instruments. The company may explore various permissible modes including rights issues, QIPs, or private placements.

In accordance with SEBI’s insider trading regulations, the trading window for designated persons and insiders will remain closed from September 10, 2026, until 48 hours after the declaration of the meeting's outcome. This restriction applies to directors, officers, and their immediate relatives as per the company’s Code of Conduct.

Fundraising Scope

The board is authorized to approve fundraising in one or more tranches. Potential instruments include:

• Equity shares
• American Depositary Receipts (ADRs)
• Global Depositary Receipts (GDRs)
• Foreign Currency Convertible Bonds (FCCBs)
• Preferential allotment or private placement

The final structure and method will be subject to necessary regulatory approvals. The meeting will also address other incidental matters with the chairperson’s permission.