Orient Tradelink Ltd — Others, 05-04-2025: This is to inform you that Board of Directors in their meeting held today has allotted 56,55,000 Convertible Warrants to Non-Promoters pursuant to In-principle Approval letter received ....

Orient Tradelink Ltd has announced a board meeting on April 5, 2025, where the board approved the allotment of 56,55,000 fully convertible warrants to specified investors at an issue price of Rs 16 per warrant, raising a total of Rs 2.26 crore. The warrants are convertible into equity shares at a face value of Rs 10 each and can be exercised within 18 months from the date of allotment. This move is aimed at strengthening the company’s financial position and enhancing shareholder value. Investors may view this development positively, as it reflects management's initiative to raise funds for growth opportunities.