Allotment of 1,40,908 Equity shares of INR 10/- each at a price of INR 22/- per share comprising of premium of INR 12/- each per share, in accordance with the provisions of Chapter V of ....
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Orient Tradelink Ltd has allotted 1,40,908 equity shares on a preferential basis to 5 non-promoter individuals at INR 22 per share (face value INR 10 + premium of INR 12). The largest allottee is Manmeet Singh with 75,000 shares, followed by Jaideep Gautam and Rudrakshi Sharma with 19,318 shares each, and Sarla Sharma and Hemlata Gautam with 13,636 shares each. The total amount raised is approximately INR 31 lakh. Post-allotment, the company's paid-up equity share capital has increased from INR 35.28 crore (3.52 crore shares) to INR 35.42 crore (3.54 crore shares). Promoter and public shareholding percentages remain unchanged at 0.26% and 99.74% respectively, as the allottees are non-promoters falling within the public category.
The preferential allotment is a small capital raise of about INR 31 lakh and will not materially affect shareholding patterns or stock price. Promoter holding remains unchanged, indicating no equity dilution at the promoter level.