BSEOrient Tradelink LtdMediumNeutral
Announced Wed, 29 Oct · 16:28 IST

we would like to inform you that the Board of Directors of the Company in their meeting held on Wednesday, 29th October 2025 inter-alia considered & approved the following items: Allotment ....

Warrants ConvertedFund Raising View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Orient Tradelink Ltd's board, at its meeting on 29th October 2025, approved the allotment of 28,24,000 equity shares at INR 16 per share (face value INR 10 + INR 6 premium) upon conversion of warrants into equity shares. All shares have been allotted to 10 non-promoter allottees, with the largest single allotment of 10,62,000 shares going to Whamia Traders LLP. As a result, the company's paid-up equity capital rises from INR 30.81 crore (3.08 crore shares) to INR 33.63 crore (3.36 crore shares), an increase of roughly 9.2% in total share count. The conversion was triggered by warrant holders paying the remaining 75% balance amount (INR 12 per warrant) of the issue price.

Likely market impact

This is a modest dilution for existing shareholders (~9% increase in share count) but signals that previously issued warrants have now been fully converted, bringing in additional capital (~INR 3.39 crore) to the company. Promoter holding remains negligible and essentially unchanged at 0.27% post-allotment, while public holding stays at 99.73%.