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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The Board of Orient Tradelink Ltd approved the allotment of 10,32,000 equity shares on 24 October 2025, following the conversion of warrants held by two non-promoter allottees — Hussain Aayub Attar (8,65,000 shares) and Navratna Devi Naharsingh Jhala (1,67,000 shares). The shares were issued at INR 16 per share (INR 10 face value + INR 6 premium) upon receipt of the balance 75% subscription amount (INR 12 per warrant). Post-allotment, the company's paid-up equity capital rose from INR 2.97 crore to INR 3.07 crore, with total shares increasing from 2.96 crore to 3.07 crore. Promoter holding remained unchanged at 0.30%, while the public shareholding stayed at 99.70%, indicating minor dilution for existing public shareholders.
This is a routine warrant-to-equity conversion at a fixed price agreed earlier, leading to a small (~3.5%) increase in share count and minor dilution for existing public shareholders. The stock price is unlikely to see a significant direct impact as the conversion price was pre-set, but share count and float have modestly increased.