The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Zeenat Alnasir Gilani & PACs
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Zeenat Alnasir Gilani, along with Persons Acting in Concert (Anisa Alnasir Gilani and Alnasir Abdul Aziz Gilani), has acquired 8,00,000 equity shares (6.08%) of Orient Tradelink Ltd through a preferential allotment on 18th April 2025. Post this acquisition, their aggregate holding in the company rose from 9,46,930 shares (7.72%) to 17,46,930 shares, now representing 13.27% of the equity share capital. The acquirers have clarified that they do not belong to the promoter or promoter group of the company. This disclosure has been filed under Regulation 29(1) of SEBI's Takeover Regulations as the holding has crossed the 10% disclosure threshold. The total equity capital of Orient Tradelink stands at 1,31,65,000 shares of Rs.10 each.
A non-promoter entity has crossed the 10% shareholding mark via preferential allotment, indicating significant strategic interest. Existing shareholders should watch for any further acquisitions that could trigger an open-offer requirement under SAST regulations, and monitor whether this stake build-up leads to any corporate action or board influence.