we would like to inform you that the Board of Directors of the Company in their meeting held on Thursday, 16th October 2025 inter-alia considered & approved the following items: Allotment ....
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Awaiting price reaction for this filing.
Orient Tradelink's board approved the allotment of 28,22,000 equity shares at ₹16 per share (face value ₹10, premium ₹6) on conversion of warrants held by five non-promoter allottees. The company received the final 75% balance subscription amount (₹12 per warrant) to complete the conversion, with in-principle BSE approval received on 1st April 2025. Post-allotment, the paid-up equity capital has risen from ₹21.89 crore (2,18,95,000 shares) to ₹24.72 crore (2,47,17,000 shares), a ~12.9% increase in share count. Promoter holding was slightly diluted from 0.41% to 0.36%, while public shareholding rose to 99.64%.
Shareholders will see mild dilution (~12.9% increase in share count) as warrants convert to equity, marginally reducing promoter stake. The conversion brings in fresh capital for the company, but the small float and high public shareholding already suggest this is a thin-liquidity stock — short-term price impact is likely muted.