we would like to inform you that the Board of Directors of the Company in their meeting held on Thursday, 23rd October 2025 inter-alia considered & approved the following items: Allotment ....
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Orient Tradelink Ltd's board, on October 23, 2025, approved the allotment of 29,54,000 equity shares after conversion of warrants into equity shares. The shares have a face value of INR 10 each and were issued at INR 16 per share (including a premium of INR 6), with the balance 75% subscription money (INR 12 per warrant) now received. All 5 allottees are non-promoter individuals, with the largest allotments going to Sujata Deepak Mane (8,75,000 shares) and Vishakha Umesh Jadhav (8,70,000 shares). Post-allotment, the company's paid-up equity capital rose from INR 2.67 crore to INR 2.97 crore, increasing total shares from 2.67 crore to 2.97 crore. Promoter holding diluted marginally from 0.33% to 0.30%, while public shareholding stands at 99.70%.
This is a routine warrant-to-equity conversion that was previously approved (warrants allotted in April 2025) and does not change the company's business outlook. The dilution is minor given the small size of promoter holding, and no fresh capital is being raised beyond what was already committed by the warrant holders.