we would like to inform you that the Board of Directors of the Company in their meeting held on Friday, 17th October 2025 inter-alia considered & approved the following items: Allotment ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Orient Tradelink Ltd's board, at its meeting on 17 October 2025, approved the allotment of 20,05,000 equity shares of face value INR 10 each at INR 16 per share (including a premium of INR 6) on a preferential basis. This follows the conversion of warrants into equal number of equity shares after the allottees paid the remaining 75% (INR 12 per warrant) of the issue price. The allottees are all non-promoters: Hemant Singh Naharsingh Jhala (2,00,000 shares), Avantika Commosales LLP (10,75,000 shares), and Deepak Yallapa Mane (7,30,000 shares). Post-allotment, the paid-up equity capital rises from INR 24,71,70,000 (2,47,17,000 shares) to INR 26,72,20,000 (2,67,22,000 shares). Promoter holding dilutes marginally from 0.36% to 0.33%, while public holding rises from 99.64% to 99.67%.
This is a routine warrant-to-equity conversion, not fresh capital raising — the balance 75% consideration was already committed earlier. Minor equity dilution for existing shareholders; no material impact on stock price expected.