Bodhi Tree Multimedia Approves Corrigendum to EGM Notice for Acquisition of Lehren Networks
Bodhi Tree Multimedia Limited approved a corrigendum to its EGM notice for the acquisition of 20% stake in Lehren Networks Private Limited. The company plans to raise ₹1.20 crore via preferential issue for this acquisition. The EGM is scheduled for December 30, 2025.
The announcement pertains to a corporate action (acquisition) and clarifies details of a preferential issue. This could have a medium-term impact on the company's structure and future performance.
The announcement is a corrigendum to a previously issued notice, providing clarifications rather than new material financial information. While the acquisition is a corporate action, the details provided are administrative in nature.
Bodhi Tree Multimedia Limited announced that its Board of Directors, in a meeting held on December 24, 2025, approved a corrigendum to the notice of the Extraordinary General Meeting (EGM). This corrigendum addresses modifications to the Explanatory Statement concerning Item Number 1 of the original EGM notice.
The EGM is scheduled to be held on Tuesday, December 30, 2025, at 12:00 PM IST via Video Conferencing (VC) / Other Audio-Visual Means (OAVM).
The primary purpose of the corrigendum is to clarify the details of a preferential issue aimed at raising funds for strategic investment. Specifically, the funds will be utilized to discharge the purchase consideration for the acquisition of 2,00,000 equity shares, representing 20% of the shareholding in Lehren Networks Private Limited. The total amount intended to be raised for this acquisition is ₹1,20,00,000 (Rupees One Crore Twenty Lakhs Only), to be paid as consideration other than cash (i.e., swap of shares). The tentative timeline for utilization of these proceeds is within 2 weeks from the date of receipt of funds.
The company also noted that as the proposed total issue size does not exceed ₹100 crores, the appointment of a Monitoring Agency is not applicable, as per Regulation 162A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations. The announcement further states that the specified amount for the objects may deviate by +/- 10% depending on future circumstances, financial, market, and sectoral conditions, business performance, strategy, and competition.
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Bodhi Tree Multimedia Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Bodhi Tree Multimedia Limited. Read the original for the full detail.