BSE grants in-principle approval for preferential issue of up to 23,52,940 equity shares to non-promoters

Datakosa Limited (formerly Bodhtree Consulting Limited) has received BSE's in-principle approval for a preferential issue to non-promoters.

Thu 8 Oct 2026

Equity Shares Offered

Up to 23,52,940 equity shares

Issue Price (incl. premium)

₹17/- per equity share, including a premium of ₹7/-

Total Issue Size

Total up to ₹3,99,99,980/-, for cash

A step forward in the fundraise

Datakosa Limited, formerly Bodhtree Consulting Limited, has informed the exchanges that it has received in-principle approval from BSE Limited for the issue and allotment of up to 23,52,940 fully paid-up equity shares, on a preferential basis, for cash, to proposed allottees belonging to the non-promoter category.

Issue terms in brief

• Number of shares: up to 23,52,940
• Face value: ₹10/- per equity share
• Issue price: ₹17/- per equity share
• Premium over face value: ₹7/- per equity share
• Aggregate consideration: up to ₹3,99,99,980/-, for cash
• Allottees: proposed allottees in the non-promoter category, on a preferential basis

Who has cleared it so far

• The Board of Directors approved the preferential issue at its meeting held on August 11, 2026.
• Shareholders approved it at the General Meeting held on September 09, 2026.
• BSE's in-principle approval letter is dated October 07, 2026.

What the BSE letter says

• The exchange grants its in-principle approval for the issue of 23,52,940 equity shares of Rs. 10/- each at a price not less than Rs. 17/- each to non-promoters on a preferential basis.
• The letter states that this in-principle approval should not be construed as approval for listing of the securities, and that the company must separately comply with the requirements for listing.
• The company is advised to strengthen internal controls and to obtain an undertaking from the allottee(s) confirming that they shall not do intra-day trading in the scrip or any sale in the scrip till the allotment date of the security.
• The responsibility and onus to verify this and ensure compliance lies solely on the issuer company.
• Any non-compliance observed by the exchanges after the undertaking and verification may impact the listing of such shares.
• On allotment, the company is required to make a listing application without delay, with applicable fees, and comply with post-issue formalities.
• As per Schedule XIX - Para (2) of the ICDR Regulations and the SEBI circular dated June 21, 2023, the issuer must make an application for listing within twenty days from the date of allotment.
• The exchange reserves the right to withdraw the in-principle approval at any stage if the information submitted is found to be incomplete, incorrect, misleading or false, or if it contravenes any rules, bye-laws and regulations.

What this means for a retail investor

A preferential issue means new shares are issued to a specific set of identified investors rather than to the general public. When those shares are allotted, the company's total number of shares goes up. Here the shares are being issued at ₹17/- each against a face value of ₹10/- each, so the issue carries a premium of ₹7/- per share, and the total amount involved works out to up to ₹3,99,99,980/-.

The intimation is that the in-principle approval has been received; the issue, the allotment and the subsequent listing application are the steps that follow it.

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