Allotment of 3,55,683 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 3,55,683 equity shares at INR 22 per share (face value INR 10 plus INR 12 premium) on a preferential basis to five non-promoter individuals. The allottees include Sanjay Sinha (190,909 shares), Hemlata Sharma (72,727 shares), Tejinder Singh (50,000 shares), Shikha (25,000 shares), and Rudrakshi Sharma (17,047 shares). The company's paid-up equity capital increased from INR 37.60 crore to INR 37.96 crore, with total shares rising from 3,76,06,769 to 3,79,62,452. Promoter holding remained unchanged at 0.24%, while public shareholding stayed at 99.76%.
This is a small preferential allotment raising roughly INR 78.2 lakh from individual investors, leading to minor dilution for existing public shareholders while promoter stake stays the same. The negligible change in capital structure means limited material impact on the stock price.