Bodhi Tree Multimedia has announced its Rights Issue, offering 5,55,37,777 shares worth Rs 44.43 crores. The issue price is Rs 8 per share, with a face value of Re 1 per share.
The Rights Issue will open on April 15, 2025, and close on April 28, 2025. The entitlement ratio is 4:9, meaning shareholders will get 4 new shares for every 9 shares they own.
The record date is March 24, 2025, and the last date to buy shares to be eligible is March 21, 2025. Subscription details will be available once the issue starts.

Iris Clothings has announced its Rights Issue details. The company will issue 1,35,95,105 equity shares, raising ₹47.58 crores. The issue price is ₹35 per share, with a face value of ₹2 per share.
The Rights Issue opens on March 27, 2025, and closes on April 17, 2025. The entitlement ratio is 1:6, meaning shareholders will get 1 Rights Share for every 6 fully paid shares they own as of the record date, March 13, 2025.
To be eligible, investors must buy shares by March 12, 2025. Subscription status will be available once the issue opens.

A Rights Issue of shares is a strategic move by a company to invite its current shareholders to buy more shares at a fixed price.
This mechanism allows the company to secure additional funds, which can be channeled into growth, debt reduction, or other financial needs. It allows existing shareholders to preserve their proportional ownership and potentially capitalize on the company’s future success.
Rights Issues represent a vital aspect of corporate finance and offer a win-win opportunity for both the company and its investors.