the Board of Directors of the Company in their meeting held on Friday, 29th August 2025 inter-alia considered & approved the following items: 1. Allotment of 100000 Equity shares of INR ....
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Orient Tradelink Ltd's board, meeting on 29 August 2025, approved the allotment of 100,000 equity shares following the conversion of warrants into equity shares. The shares were allotted to Ms. Namita Shilpi Sinha, a non-promoter, at INR 16 per share (face value INR 10 + premium of INR 6). This was done after she paid the balance 75% of the warrant issue price (INR 12 per warrant); the warrants were originally allotted on 7th April 2025. Post-allotment, the company's paid-up equity capital increased from INR 15.92 crore (1,59,15,000 shares) to INR 16.02 crore (1,60,15,000 shares). Promoter holding stays unchanged at 0.56%, with public shareholders at 99.44%.
This is a routine, small preferential conversion with negligible dilution (about 0.6% increase in share count) and no change in promoter holding, so minimal impact on shareholders or stock price is expected.