Allotment of 100000 Equity shares of INR 10/- each at a price of INR 16/- per share comprising of premium of INR 6/- each per share, upon exercise of option for conversion of warrants into ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Orient Tradelink Ltd has allotted 1,00,000 equity shares to Ms. Namita Sanjay Sinha (Non-Promoter category) following the exercise of convertible warrants. The shares were issued at INR 16 each (face value INR 10 + premium of INR 6 per share) on a preferential basis. The warrants were originally allotted on 7th April 2025, and the company has now received the balance 75% subscription amount (INR 12 per warrant). Post-allotment, the company's paid-up equity share capital has increased from INR 15.61 crore (1.56 crore shares) to INR 15.71 crore (1.57 crore shares). Promoter holding slightly diluted from 0.57% to 0.56%, while public holding increased marginally from 99.43% to 99.44%.
This is a routine warrant-to-equity conversion that slightly increases the share count (about 0.64% dilution) but brings INR 12 lakh into the company. For retail shareholders, the impact is minimal — no material change in ownership structure or capital base.