This is to inform all the stakeholders that Board of Directors in their meeting held today i.e 15th April,2025 commenced at 1.00 Pm and concluded at 1.50 pm duly adjourned and re convened ....
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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 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.
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Orient Tradelink Ltd has allotted 51.42 lakh fully convertible warrants on a preferential basis to 12 non-promoter investors at an issue price of Rs 16 per warrant, raising a total commitment of Rs 2.06 crore. Investors have paid 25% of the issue price (Rs 4 per warrant) upfront, with Rs 2.06 crore already received by the company. The remaining 75% (Rs 12 per warrant) is to be paid by investors when they choose to convert the warrants into equity shares within 18 months. Each warrant is convertible into one equity share of Rs 10 face value. The members had approved this issuance in December 2024, and BSE had given its in-principle approval on April 1, 2025.
This is a small preferential warrant issue that will lead to equity dilution for existing shareholders if and when the warrants are exercised over the next 18 months. At full conversion, up to 51.42 lakh new shares could be created, potentially expanding the company's equity base. The Rs 2.06 crore raised is modest in scale, so the immediate impact on share price is likely limited.