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An announcement from Bodhi Tree Multimedia Ltd. ( (IN:BTML) ) is now available.
Bodhi Tree Multimedia Ltd. has completed a share-swap acquisition of a 20% stake in Lehren Networks Pvt. Ltd., a long-established Indian digital-first entertainment media company with a significant archival library and multi-platform reach. The board approved the preferential allotment of 1.2 million equity shares at Rs. 10 each to Lehren’s non-promoter public shareholders, strengthening Bodhi Tree’s foothold in the media and entertainment sector without cash outlay and positioning it to capture growth in India’s expanding digital entertainment space.
More about Bodhi Tree Multimedia Ltd.
Bodhi Tree Multimedia Ltd. operates in the media and entertainment industry, focusing on content creation and related multimedia services for various platforms. Through strategic investments and partnerships, the company seeks to deepen its presence across digital and broadcast channels, aligning with the growth of India’s content and entertainment market.
Average Trading Volume: 45,183
Technical Sentiment Signal: Sell
Current Market Cap: 1.16B INR
See more insights into BTML stock on TipRanks’ Stock Analysis page.