Bodhtree Consulting Ltd

Bodhtree Consulting Ltd

Bodhtree Consulting Limited is an IT and IT Enabling Services (ITES) provider incorporated in the year July 16 1982. The company is headquartered in India and provides technology-consulting services to various companies and SMEs across the globe. With a primary focus on Cloud CRM and Analytics Bodhtree provides a range of services including solution design development implementation integration maintenance and support for customers in the healthcare & life sciences hi-tech manufacturing education and government verticals.Due to exit of Madras Stock Exchange Ltd shares of the Company were shifted to dissemination board of NSE. Consequently Company made direct listing application to BSE Limited and got listed therein w.e.f. 4th May 2015.During the year under review the Company raised funds through preferential offer of 0.001% Compulsory Convertible Preference Shares of Rs. 10/- each to the extent of Rs 9.763 Crores including premium amount to meet working capital requirements financially support the general corporate purposes and to maintain adequate liquidity for future expansion activities by the Company. As a result of this the issued subscribed and paid up capital of the Company has increased from Rs. 175461670 in FY 2014-15 to Rs. 205971050 in FY 2015-16.During the year 2015-16 under review a 100% wholly owned subsidiary Company in the name and style of M/s. Bodhtree Human Capital Private Limited was incorporated in order to tap the domestic as well as global market for staff augmentation and related service sector. Consequently the Company has 1 Subsidiary as on 31 March 2016. The Company holds more than 20% of total share capital of two other Companies which are M/s. Learnsmart India Private Limited and M/s. Pressmart Media Limited.During the year under review the Company had converted 625000 - 0.001% Compulsory Convertible Preference Shares on 30 May 2016 in to 500000 fully paid up equity shares of the Company and consequently the Paid-up Share Capital of the Company changed from Rs. 205971050 to Rs. 204721050. During the year under review 2017-18 the Company had converted 2425938 - 0.001% Compulsory Convertible Preference Shares on 26 April 2017 in to 1912069 fully paid up equity shares of the Company and consequently the Paid-up Share Capital of the Company changed to Re. 199582360.