Bodhi Tree Multimedia Limited's EGM Approves Preferential Issue of Equity Shares
Bodhi Tree Multimedia Limited has disclosed the voting results and Scrutinizer’s Report for its 1st Extra Ordinary General Meeting (EGM) held on December 30, 2025. The meeting was convened to consider...
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Why is Bodhi Tree Multimedia Limited in the news today?
Bodhi Tree Multimedia Limited (BTML) is in the news due to the company successfully passed a special resolution regarding a preferential issue of equity shares with overwhelming support from shareholders, indicating positive progress on its funding plans.
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Bodhi Tree Multimedia Limited's EGM Approves Preferential Issue of Equity Shares
December 30, 2025, 11:19 AM
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Bodhi Tree Multimedia Limited has disclosed the voting results and Scrutinizer’s Report for its 1st Extra Ordinary General Meeting (EGM) held on December 30, 2025. The meeting was convened to consider and approve the issue of equity shares on a preferential basis to non-promoters for a consideration other than cash.
The voting period for remote e-voting commenced on December 26, 2025, at 9:00 AM and concluded on December 29, 2025, at 5:00 PM. The cut-off date for determining voting entitlements was December 23, 2025.
The meeting, which started at 12:00 PM and concluded at 12:20 PM, saw one special resolution being passed. This resolution pertained to the preferential issue of equity shares. The results indicate overwhelming support, with 15,950,414 votes in favour and 2,551 votes against the resolution, representing 99.98% and 0.02% of the valid votes polled, respectively. A total of 42 members voted in favour and 3 members voted against the resolution through remote e-voting.
The Scrutinizer, Mr. Jaymin Modi of Jaymin Modi & Co., confirmed that the special resolution was passed with the requisite majority. The company's Managing Director, Mr. Mautik Ajit Tolia, signed the disclosure.
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