Bodhtree Consulting promoter Santosh Kumar Vangapally transferred a 13.72% stake to Feature AI Digitals Private Limited. The acquirer disclosed the transaction with a delay, filing the report on September 2, 2026.

The inter-se transfer involves 30,00,000 equity shares at ₹14 per share. The transaction consolidates holdings under a corporate structure without changing ultimate control. It qualifies for exemption under Regulation 10(1)(a)(iii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The proposed acquisition date was August 31, 2026. Mr. Vangapally currently holds 40,00,000 shares (18.29% of total share capital). Post-transaction, his direct holding reduces to 10,00,000 shares (4.57%).

Feature AI Digitals Private Limited will hold the entire transferred stake. The acquirer declared that the transaction price does not exceed 25% above the volume-weighted average market price of ₹16.20 per share recorded over the preceding 60 trading days.

Regulatory Disclosure Delay

The advance disclosure required under Regulation 10(5) was not made within the prescribed timeline of four working days prior to the acquisition. The acquirer subsequently filed the disclosure on September 2, 2026, resulting in a delay.

What the Numbers Show

The transfer price of ₹14 per share represents a discount of approximately 13.6% relative to the disclosed 60-day VWAP of ₹16.20. This pricing reflects the nature of an off-market block transfer within the promoter group rather than open-market liquidity dynamics. The consolidation moves significant voting rights from an individual promoter to a controlled entity, streamlining the corporate governance structure while maintaining consistent ultimate beneficial ownership.

Bodhtree Consulting Limited has confirmed the logistical details for its 44th Annual General Meeting (AGM), scheduled for Wednesday, September 9, 2026. The Board of Directors previously approved a strategic rebranding to Datakosa Limited and a preferential equity issuance on August 11, 2026. Shareholders will vote on these proposals at the upcoming AGM, which aims to align the corporate identity with emerging focus areas in data engineering and real estate while securing fresh capital.

The company disclosed that it has availed the e-AGM facility of Central Depository Services (India) Limited (CDSL) to conduct the meeting through Video Conferencing or Other Audio-Visual Means. Electronic copies of the Annual Report for FY25-26 and the Notice of the 44th AGM have been sent to shareholders with registered email IDs. Physical copies are not being dispatched in accordance with MCA and SEBI circulars, though members may request them from the Secretarial Department.

Preferential Allotment Details

The proposed preferential issue involves 23,52,940 fully paid-up Equity Shares with a face value of ₹10 each. The issue price is set at ₹17 per share, including a premium of ₹7 per share. The allotment is divided equally between two new investors: M/s. Nerdix Technologies LLP and M/s. Virello Estates LLP. Neither investor currently holds any shares in the company.

The post-allotment equity holding for each investor will stand at 4.86%, resulting in a combined dilution of 9.72% for existing shareholders. The transaction does not trigger an open offer under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

AGM and Voting Timeline

The Register of Members and Share Transfer Books will remain closed on Thursday, September 3, 2026, serving as the record date for determining eligibility to attend and vote. Remote e-voting will commence at 9:00 am on Sunday, September 6, 2026, and conclude at 5:00 pm on Tuesday, September 8, 2026. Mr. Y. Ravi Prasada Reddy, Practicing Company Secretary and Proprietor of M/s. RPR & Associates, has been appointed as the Scrutinizer for the e-voting process.

The resolutions were disclosed pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The Board also approved the alteration of the Objects Clause (Clause III (A)) of the Memorandum of Association and the Board's Report along with annexures for FY26.