MUMBAI: The Mautik Tolia-Sukesh Motwani-promoted Bodhi Tree Multimedia has a fund raise on its horizon. On 2 January 2025, the rights issue committee of the company approved the draft letter of offer to raise funds through the issue of equity shares of Rs 1 each. The shares are to be issued to eligible shareholders on a rights basis and the total raise will be within Rs 49 crore. The premium on the Rs 1 share will be decided at a later date.
Bodhi Tree informed the Bombay stock exchange about its intentions on 2 January.
The film and TV production house also said that it would submit the draft letter of offer to the National stock exchange as well as the Bombay stock exchange seeking their in-principle approval for the rights issue.
Bodhi Tree's production portfolio includes: Class, the Gone Game, Gunaah, Main Hoon Aparjita, Poornima, and The Interns. The company has produced more than 40 shows for 10 broadcasters and platforms in five languages totaling almost 3,000 hours of content.