we would like to inform you that the Board of Directors of the Company in their meeting held on Wednesday, 10th September 2025 inter-alia considered & approved the following items: 1. ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The board of Orient Tradelink, at its meeting on 10 September 2025, approved the allotment of 12,50,000 equity shares after eight non-promoter allottees (including Parag Multitrade LLP, Namita Shilpi Sinha, Bharatkumar Shah, and others) exercised their option to convert warrants into equity shares. Shares were allotted at INR 16 each (INR 10 face value plus INR 6 premium), against receipt of the balance 75% subscription amount. Following this allotment, the company's paid-up equity capital rose from INR 16.41 crore (1,64,15,000 shares) to INR 17.66 crore (1,76,65,000 shares). Promoter shareholding dipped marginally from 0.55% to 0.51%, while the public shareholding increased from 99.45% to 99.49%. This is a completion of a previously announced preferential warrant issue from April 2025, so no truly fresh capital is being raised.
Existing shareholders face a minor dilution of about 7.6% in share count, but no new cash is coming into the company since the warrants were already partially paid for. The stock price may see limited impact given the small size of the issue and the small absolute promoter stake involved.