Bodhi Tree Multimedia QIP Plan: Up to ₹200 Cr in 2026

Board clears enabling resolution for QIP

Bodhi Tree Multimedia Ltd said its Board of Directors has approved an enabling resolution to raise funds of up to ₹200 crore through a Qualified Institutional Placement (QIP). The approval was taken at a board meeting held on September 18, 2026. The company indicated the move initiates the process of raising capital from institutional investors, while key details will be decided later. It also clarified that the resolution is enabling in nature, which typically allows the company to start preparatory work ahead of a potential issuance. The company will have to return to the board and relevant committees before finalising the launch. The fundraising can be done in one or more tranches.

What the QIP can include

The company said the proposed issuance will be done in line with Chapter VI of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. It also outlined the scope of “eligible securities” it can issue under the plan. These include equity shares, non-convertible debt instruments along with warrants, and convertible securities other than warrants. The breadth of instruments suggests the company wants flexibility in how it structures the fundraise based on market conditions and investor appetite. However, it did not announce any final instrument mix or timeline. The company said the object of the issue will also be presented later.

Pricing, timing, and use of proceeds are still pending

Bodhi Tree Multimedia said the final pricing, timing, and utilisation of proceeds will be placed before the Board and the Audit Committee prior to the launch. At this stage, the company has not disclosed the specific use of net proceeds. This matters for investors because proceeds can be directed to different priorities such as working capital, content creation, acquisitions, or balance sheet strengthening, but none of these were confirmed for the QIP. The company’s statement keeps the focus on process steps rather than execution. As a result, the decision is not a confirmation that a QIP has already been launched.

Advisors and preparatory work

The company noted the enabling approval allows it to engage merchant bankers and advisors for preparatory activities. Such steps typically include due diligence, documentation, and regulatory compliance planning. This is consistent with a staged approach where the company secures internal permissions before approaching institutions. While the company has indicated intent to explore a QIP, it has not provided a tentative issue window. It also has not announced the identity of any appointed intermediaries.

Shareholder approval to be sought through an EGM

The board has authorised 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. The company stated shareholder approval is required before it proceeds with the actual issuance of securities. This keeps the QIP at a proposal stage until the special resolution is passed. The company has not disclosed the EGM date in the provided information.

Wider fundraising options on the table

The company has also indicated that the September 18, 2026 board meeting agenda included evaluating multiple capital-raising avenues, not only QIP. These options included equity shares, convertible securities, and debt instruments through permissible modes such as a public issue, rights issue, preferential allotment, private placement, and other permitted means. It also listed international and foreign-currency-linked routes such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), and Foreign Currency Convertible Bonds (FCCBs). This suggests the company is keeping options open on structure and market.

Borrowing limit hike to ₹200 crore goes to AGM

Separately, Bodhi Tree Multimedia has scheduled its 13th Annual General Meeting for September 30, 2026, starting at 10:30 am. A key agenda item is a special resolution seeking shareholder consent under Section 180(1)(c) of the Companies Act, 2013, to enhance the company’s borrowing powers up to ₹200 crore. The company said the limit would allow aggregate outstanding borrowings not to exceed ₹200 crore at any point, even if borrowings exceed the aggregate of paid-up share capital, free reserves, and securities premium. The company said funds may be used for working capital requirements, capital expenditure, general corporate purposes, and refinancing existing borrowings. It also listed potential instruments such as term loans, bonds, debentures, and external commercial borrowings, subject to applicable RBI directions.

Compliance updates around the meeting

In line with SEBI’s insider trading regulations, the company said the trading window for designated persons and insiders would remain closed from September 10, 2026, until 48 hours after the declaration of the board meeting outcome. The board also decided to close the register of members and share transfer books from September 24, 2026, to September 30, 2026. These are standard procedural steps around corporate actions and shareholder meetings. The disclosures indicate the company is sequencing regulatory and shareholder requirements alongside capital planning.

Key facts at a glance

Market snapshot and what is confirmed

A raw alert referenced fundraising of ₹2 billion, which is the same as ₹200 crore, but the company’s disclosures described an enabling approval and noted that a definitive QIP launch had not been finalised. The confirmed information is that the board has approved the framework to raise up to ₹200 crore and will return with specific terms, pricing, timing, and the object of the issue before any launch. The next confirmed procedural step is shareholder approval for the QIP through an EGM. Separately, shareholders are also being asked to approve an enhanced borrowing limit of ₹200 crore at the September 30, 2026 AGM. Investors will typically watch for follow-up disclosures on structure, pricing, and the final use of funds once the board and audit committee consider the detailed proposal.