The Board of Directors of the Company in their meeting held on Monday, 01st September 2025 inter-alia considered & approved the following items: Allotment of 100000 Equity shares of INR ....
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Orient Tradelink Ltd's board approved the allotment of 100,000 equity shares on September 1, 2025, following the conversion of warrants into equity shares. The shares were issued at INR 16 each (face value INR 10 plus INR 6 premium) to Ms. Namita Shilpi Sinha, a non-promoter, who paid the remaining 75% subscription amount (INR 12 per warrant). Post-allotment, the company's paid-up equity capital rose from INR 16.12 crore (1.60 crore shares) to INR 16.22 crore (1.62 crore shares). Promoter holding marginally dipped from 0.56% to 0.55%, while public holding increased correspondingly. The original warrants were allotted on April 7, 2025, on a preferential basis.
This is a routine conversion of previously issued warrants and a small dilution (~0.6% increase in share count) for a non-promoter investor. Minimal impact on share price or existing shareholders; paid-up capital rises marginally.