we would like to inform you that the Board of Directors of the Company in their meeting held on Wednesday, 15th October 2025 inter-alia considered & approved the following items: Allotment ....
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Orient Tradelink Ltd's board, at its meeting on 15 October 2025, approved the allotment of 11,42,000 equity shares at ₹16 per share (face value ₹10 + premium of ₹6) upon conversion of warrants by three non-promoter allottees who paid the balance 75% subscription amount (₹12 per warrant). The allottees are Jaimin Patel (1,67,000 shares), Chattar Singh (1,00,000 shares), and Sarita Sunil Mane (8,75,000 shares). Post-allotment, the company's paid-up equity capital has risen from ₹20.75 crore to ₹21.89 crore, with total shares increasing from 2.07 crore to 2.19 crore. Promoter holding remains at 0.40% (89,123 shares) while public holding stands at 99.60% post-allotment.
This is the conversion of warrants that were already issued, so the dilution was previously anticipated. However, it does increase the share count by about 5.5%, slightly diluting existing shareholders' proportional stake and marginally reducing promoter holding from 0.44% to 0.40%.