Allotment of 3,64,091 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 3,64,091 equity shares at INR 22 per share (face value INR 10, premium INR 12) to five non-promoter individual allottees via preferential allotment under SEBI ICDR Regulations Chapter V. The largest allottee is Ramudagar Kamat with 1,93,637 shares, followed by Manmeet Singh (75,000), Jaideep Gautam (47,727), Tejinder Singh (25,000), and Rudrakshi Sharma (22,727). Post-allotment, the company's paid-up equity capital rose from INR 36.48 crore to INR 36.84 crore, with total shares increasing from 3,64,78,814 to 3,68,42,905. The total capital raised is approximately INR 80.10 lakh. Promoter shareholding remains unchanged at 0.25%, while public holding stays at 99.75%.
This is a small preferential issue to non-promoter individuals, diluting existing shareholders marginally (by about 1%). The modest size of the raise (under INR 1 crore) means limited material impact on the stock price or significant capital infusion, though it does slightly increase the public share count.