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.
Awaiting price reaction for this filing.
Orient Tradelink's board, at its meeting on 10 September 2025, approved the allotment of 12,50,000 equity shares of ₹10 each at ₹16 per share (including ₹6 premium) to 8 non-promoter allottees upon conversion of warrants. The allottees had paid the balance 75% (₹12 per warrant) of the warrant issue price, completing the warrant exercise originally initiated in April 2025. As a result, the company's paid-up equity capital increased from ₹16.41 crore (1.64 crore shares) to ₹17.66 crore (1.77 crore shares). Promoter shareholding diluted marginally from 0.55% to 0.51%, while public holding rose from 99.45% to 99.49%.
This is a dilution event — the share count grew by about 7.6%, slightly diluting promoter stake. However, since the warrants were already disclosed in April 2025, this conversion was largely expected and brings in additional capital (₹1.5 crore) from non-promoters, which may support the stock positively without major surprise.