the Board of Directors of the Company in their meeting held on Wednesday, 13th August 2025 inter-alia considered & approved the following items: 1. Allotment of 200000 Equity shares of ....
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Orient Tradelink Ltd's board approved the allotment of 2,00,000 equity shares at INR 16 per share (face value INR 10, premium INR 6) to non-promoter Namita Sanjay Sinha, following her exercise of the option to convert warrants into equity shares. This follows receipt of the balance 75% subscription amount (INR 12 per warrant) against warrants originally allotted on 7th April 2025. As a result, the company's paid-up equity capital rises from INR 15.71 crore to INR 15.91 crore, with total shares increasing from 1,57,15,000 to 1,59,15,000. The promoter's shareholding marginally dips from 0.56% to 0.55% while the public's shareholding rises slightly to 99.45%.
This is a routine warrant conversion with no new fundraising since only the balance 75% tranche is being received. Minor dilution of less than 0.01% in promoter holding, but negligible impact on share price or shareholder value given the small size of the issue.