we would like to inform you that the Board of Directors of the Company in their meeting held on Tuesday, 9th September 2025 inter-alia considered & approved the following items: 1. Allotment ....
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The Board of Orient Tradelink Ltd, at its meeting on 9th September 2025, approved the allotment of 2,00,000 equity shares of INR 10 each at INR 16 per share (including a premium of INR 6). These shares were issued upon conversion of warrants, with the balance 75% subscription amount received from the allottees. The shares were allotted on a preferential basis to four non-promoter individuals, each receiving 50,000 shares. Post-allotment, the paid-up equity share capital increased from INR 16.22 crore (1,62,15,000 shares) to INR 16.42 crore (1,64,15,000 shares). Promoter holding remains unchanged at 0.55%, while public shareholding stands at 99.45%.
This is a minor dilution of about 1.23% in the public shareholding due to the warrant conversion. Since the issue is to non-promoters at a fixed price of INR 16 (a 60% premium to face value) and promoter stake is unaffected, the impact on existing shareholders is limited but mildly dilutive.