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 ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
On 24th September 2025, the Board of Orient Tradelink Ltd approved the allotment of 8,90,000 equity shares (face value INR 10) at INR 16 per share, including a premium of INR 6 per share. These shares were issued upon conversion of warrants, with the allottee paying the balance 75% subscription amount (INR 12 per warrant). The sole allottee is Ms. Lata Rajesh Thakker, a non-promoter, who had been originally allotted the warrants on 8th April 2025. Post-allotment, the company's paid-up equity share capital rose from INR 18.46 crore (1,84,63,000 shares) to INR 19.35 crore (1,93,53,000 shares). Promoter holding diluted marginally from 0.49% to 0.47%, while public holding moved from 99.51% to 99.53%.
This is a routine completion of a previously disclosed warrant conversion, resulting in mild equity dilution (~4.8% increase in share count) with no change in promoter control. Existing shareholders may see minor EPS dilution, but no fresh capital raise impact since the warrants were already committed earlier.