we would like to inform you that the Board of Directors of the Company in their meeting held on Thursday, 16th October 2025 inter-alia considered & approved the following items: Allotment ....
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The Board of Orient Tradelink Ltd approved the conversion of 28,22,000 warrants into equity shares at INR 16 per share (INR 10 face value + INR 6 premium). All allottees are non-promoters, with the largest being Akarshika Traders LLP (9,00,000 shares), Joydeep Commosales LLP (7,85,000 shares), and Ganesh Madhukar Sonavane (8,70,000 shares). Post-allotment, the company's paid-up equity capital increased from INR 21.89 crore (2.18 crore shares) to INR 24.71 crore (2.47 crore shares). Promoter holding marginally diluted from 0.41% to 0.36%, while public shareholding rose to 99.64%.
This is a warrant conversion event (not fresh fundraising), so cash inflow of INR 4.23 crore (75% balance subscription) has already been received. Share count increases by ~12.9%, leading to mild dilution for existing shareholders. Promoter stake dips slightly but remains negligible.