we would like to inform you that the Board of Directors of the Company in their meeting held on Wednesday, 24th September 2025 inter-alia considered & approved the following items: Allotment ....
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The Board of Orient Tradelink Ltd approved the allotment of 8,90,000 equity shares to Ms. Lata Rajesh Thakker (non-promoter) upon conversion of warrants. Shares were issued at INR 16 per share (face value INR 10 + premium of INR 6) after receipt of the balance 75% subscription amount. The warrants were originally allotted on 8th April 2025. Post-allotment, the company's paid-up equity capital rose from INR 18.46 crore to INR 19.35 crore, with total shares increasing from 1,84,63,000 to 1,93,53,000. Promoter shareholding marginally dipped from 0.49% to 0.47%, while public holding rose slightly to 99.53%.
This is a routine warrant conversion that results in modest equity dilution (under 5% increase in share count). For shareholders, the stock price may see short-term pressure due to supply increase, but the capital infusion strengthens the company's equity base. Existing shareholders are not directly impacted beyond minor dilution.