Alpha Tribe

Orient Tradelink LtdOthers, 05-04-2025: This is to inform all the Stakeholders that Board of Directors in their Meeting held today has allotted 56,55,000 convertible warrants to Non Promoters at the issue price of Rs 16/-

05-04-2025 · 07:04 pm

Orient Tradelink Ltd has announced a board meeting to approve the allotment of 56,55,000 fully convertible warrants to specified investors at an issue price of Rs 16 per warrant. The total subscription amount received is Rs 2.26 crore, which represents 25% of the issue price. Each warrant is convertible into one equity share and has a tenure of 18 months. This move is expected to bolster the company’s capital structure and enhance its financial flexibility. Investors may see a positive outlook as this strategic financing could support growth initiatives.

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