This is to inform all the stakeholders that Board of Directors in their meeting held today has allotted 2100000 convertible warrants to Non Promoters pursuant to Preferential Issue subject ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.7 pts less than Nifty Microcap 250 and 4.6 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.
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Orient Tradelink Ltd has allotted 21,00,000 fully convertible warrants on a preferential basis to two non-promoter investors at Rs 16 per warrant, taking the total issue size to Rs 84 lakh. Each warrant is convertible into one equity share of Rs 10 face value. Investors paid 25% upfront (Rs 4 per warrant), totalling Rs 84 lakh received, with the remaining Rs 12 per warrant due upon conversion. The warrants have an 18-month tenure and were issued following shareholder approval on 23 December 2024 and BSE in-principle approval on 1 April 2025.
This is a small capital infusion (Rs 84 lakh) and a relatively minor preferential issuance, so near-term impact on the stock is limited. Existing shareholders will see modest dilution when these warrants are converted into equity shares over the next 18 months.