the Board of Directors of the Company in their meeting held on Friday, 29th August 2025 inter-alia considered & approved the following items: Allotment of 100000 Equity shares of INR 10/- ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Orient Tradelink Ltd's board, at its meeting on August 29, 2025, approved the allotment of 1,00,000 equity shares (face value INR 10) at INR 16 per share (including a INR 6 premium) to Ms. Namita Shilpi Sinha, a non-promoter, upon conversion of previously allotted warrants. The allotee paid the balance 75% subscription amount of INR 12 per warrant, completing the conversion process. Post-allotment, the company's paid-up equity capital increased from INR 15.91 crore (1,59,15,000 shares) to INR 16.01 crore (1,60,15,000 shares). The promoter group's shareholding remains unchanged at 0.56%, while the public shareholding stays at 99.44%.
This is a routine warrant-to-equity conversion resulting in a marginal equity dilution (about 0.63% increase in share count) with no change in promoter control. The share price impact is likely minimal given the small size of the issuance relative to the total outstanding shares.