we would like to inform you that the Board of Directors of the Company in their meeting held on Friday, 24th October 2025 inter-alia considered & approved the following items: Allotment ....
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Orient Tradelink's board, at its meeting on 24 October 2025, approved the allotment of 10,32,000 equity shares (face value INR 10) at INR 16 per share (including a INR 6 premium) following the conversion of warrants into equal number of equity shares. The conversion was triggered after the company received the balance 75% subscription amount (INR 12 per warrant) from two non-promoter allottees — Mr. Hussain Aayub Attar (8,65,000 shares) and Ms. Navratna Devi Naharsingh Jhala (1,67,000 shares). As a result, the company's paid-up equity capital has risen from INR 29,67,60,000 (2,96,76,000 shares) to INR 30,70,80,000 (3,07,08,000 shares). The promoter shareholding remains unchanged at 0.30%, with the public holding steady at 99.70%.
This is a routine warrant-to-equity conversion with no change in promoter stake or voting control, so the direct impact on shareholders is minimal. However, the issuance is at a small premium over face value, which modestly dilutes existing shareholders by ~3.5% on a share-count basis.