Orient Technologies Limited has informed the Exchange regarding allotment of 4164174 securities pursuant to Bonus at its meeting held on January 06, 2026
ORIENTTECH · price
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Orient Technologies Limited has allotted 41,64,174 bonus equity shares of ₹10 each to eligible shareholders. The bonus issue is in the ratio of 1:10, meaning 1 bonus share for every 10 shares already held. The record date for the bonus was January 5, 2025 (as stated in the filing). As a result, the company's paid-up equity share capital has increased from ₹41.64 crore (4,16,41,742 shares) to ₹45.81 crore (4,58,05,916 shares). The new bonus shares will rank equally with the existing shares in all respects. The allotment was approved at the Board meeting held on January 6, 2026.
Shareholders receive 1 additional share for every 10 they hold, increasing their share count by 10%. Since bonus issues are typically neutral on long-term value, the stock price usually adjusts downward on the ex-bonus date, leaving overall holding value largely unchanged. It improves share liquidity by increasing the number of outstanding shares.