This is to inform all the stakeholders that Board of Directors in their meeting held today i.e 15th April, 2025 which was held at 1.00 Pm and concluded at 1.50 pm and duly adjourned and ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 3.4 pts less than its Film Production, Distribution & Exhibition peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Orient Tradelink Ltd's Board has allotted 51.42 lakh fully convertible warrants to 12 non-promoter investors on a preferential basis at Rs 16 per warrant. The company has already received Rs 2.06 crore as 25% upfront subscription money (Rs 4 per warrant), while the remaining Rs 12 per warrant is payable upon conversion. Each warrant is convertible into one equity share of Rs 10 face value and has an 18-month tenure from the date of allotment. The total issue value stands at approximately Rs 8.23 crore, with allotment done after BSE in-principle approval received on April 1, 2025.
The preferential warrant issue will lead to dilution of existing shareholders once the warrants are converted into equity shares over the next 18 months. Given the relatively small size of the issue (~Rs 8.23 crore), material impact on share price is unlikely, but shareholders should track future conversion announcements.