we would like to inform you that the Board of Directors of the Company in their meeting held on Friday, 17th October 2025 inter-alia considered & approved the following items: Allotment ....
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Orient Tradelink Ltd has allotted 20,05,000 equity shares (face value INR 10) at INR 16 per share (including a premium of INR 6) following the conversion of warrants into equity shares. The shares were issued to three non-promoter allottees: Avantika Commosales LLP (10,75,000 shares), Deepak Yallapa Mane (7,30,000 shares), and Hemant Singh Naharsingh Jhala (2,00,000 shares). These allottees paid the balance 75% subscription amount (INR 12 per warrant) on warrants originally allotted in April 2025. As a result, the company's paid-up equity share capital increased from INR 2.47 crore to INR 2.67 crore, with total shares rising from 2,47,17,000 to 2,67,22,000. Promoter shareholding remained at 89,123 shares, dropping marginally from 0.36% to 0.33%, while public holding increased to 99.67%.
This is a dilution event that increases the public shareholding and the overall share count by about 8.1%. Since the shares are issued to non-promoters at a fixed conversion price, there is no immediate cash inflow beyond what was already committed, and the stock may see mild dilution pressure. Shareholders should note the higher float going forward.