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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Orient Tradelink Ltd's board, at its meeting on October 15, 2025, approved the allotment of 11,42,000 equity shares (face value INR 10 each) at INR 16 per share (including INR 6 premium) upon conversion of previously issued warrants. The shares were allotted to three non-promoter allottees — Jaimin Patel (1,67,000 shares), Chattar Singh (1,00,000 shares), and Sarita Sunil Mane (8,75,000 shares) — after the company received the balance 75% (INR 12 per warrant) of the warrant issue price. Post-allotment, the company's paid-up equity share capital increased from INR 20.75 crore (2.07 crore shares) to INR 21.90 crore (2.19 crore shares). This is a preferential allotment on conversion of warrants, not a fresh public fundraising.
Minor equity dilution for existing shareholders — promoter stake slips slightly from 0.44% to 0.40%, while public holding rises to 99.60%. The warrant conversion brings in the remaining subscription money already committed, so no new cash inflow impact beyond what was expected. Neutral to mildly dilutive for existing retail shareholders.