we would like to inform you that the Board of Directors of the Company in their meeting held on Thursday, 09th October 2025 inter-alia considered & approved the following items: 1. Allotment ....
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On 9th October 2025, the Board of Orient Tradelink Ltd approved the allotment of 5,00,000 equity shares following the conversion of warrants into equity shares. The shares were issued at INR 16 per share (face value INR 10, premium INR 6) to two non-promoter allottees — Jaimin Patel (2,00,000 shares) and Gajraj Commosales LLP (3,00,000 shares). The balance 75% subscription amount (INR 12 per warrant) was received at the time of conversion. Post-allotment, the company's paid-up equity capital increased from INR 19.35 crore to INR 19.85 crore, with total shares rising from 1,93,53,000 to 1,98,53,000. Promoter holding marginally diluted from 0.46% to 0.44%, while public holding rose from 99.54% to 99.56%.
This is a routine warrant-to-equity conversion with no new capital raise beyond what was already committed. Existing shareholders face slight dilution (~0.02% from promoter share), but the small size relative to total shares means minimal impact on stock price or shareholding structure.