Bodhi Tree Multimedia's Promoter Mautik Ajit Tolia Releases Significant Share Pledges
Mautik Ajit Tolia, a key promoter of Bodhi Tree Multimedia, has released two sets of pledged shares, each comprising 9.68 million shares or 5.36% of the company's total share capital. The pledges were originally held by Parijata Trading Pvt Ltd and were used as collateral for loans for working capital and expansion. Following the releases, Tolia's encumbered shareholding decreased from 19.02% to 13.66%, while his total promoter holding remains at 24.38% (44.01 million shares).

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Bodhi Tree Multimedia Limited , a company listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), has reported a significant development in its promoter shareholding structure. Mautik Ajit Tolia, a key promoter of the company, has released substantial pledges on his equity shares, as disclosed in recent filings.
Pledge Release Details
According to the disclosure made to stock exchanges, Mautik Ajit Tolia has executed two separate pledge releases:
- A release of 9.68 million shares, representing 5.36% of the company's total share capital.
- Another release of 9.68 million shares, also accounting for 5.36% of the total share capital.
Both sets of pledged shares were originally held by Parijata Trading Pvt Ltd.
Purpose of Original Pledge
The company stated that the pledged shares were initially used as collateral for loans infused into Bodhi Tree Multimedia. These funds were allocated for working capital and expansion purposes, highlighting the company's focus on growth and operational liquidity.
Impact on Shareholding
Following these pledge releases, there has been a significant reduction in Tolia's encumbered shareholding:
| Aspect | Before Release | After Release |
|---|---|---|
| Encumbered Shareholding | 19.02% | 13.66% |
| Total Promoter Holding | 24.38% | 24.38% |
Mautik Ajit Tolia continues to hold a substantial stake in the company, with 44.01 million shares, representing 24.38% of Bodhi Tree Multimedia's total share capital.
Regulatory Compliance
The pledge releases were reported in compliance with Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure ensures transparency for shareholders and regulatory bodies regarding changes in promoter shareholding structures.
The release of these pledges may be seen as a positive development, potentially indicating improved financial flexibility for the promoter or a reduced need for collateralized funding at the company level. However, investors and market participants should conduct their own analysis to understand the full implications of this development on Bodhi Tree Multimedia's financial position and future prospects.
Historical Stock Returns for Bodhi Tree Multimedia
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.40% | +15.57% | +5.92% | +14.55% | -17.45% | +556.83% |




























