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Orient Tradelink LtdOthers, 07-04-2025: This is to inform all stakeholders that Board of Directors in their meeting held today has allotted 43,30,000 Convertible warrants to Non Promoters pursuant to Preferential Issue subject ....

07-04-2025 · 08:06 pm

Orient Tradelink Ltd has announced a board meeting outcome, approving the allotment of 43,30,000 fully convertible warrants on a preferential basis to specified investors at an issue price of ₹16 per warrant. The total subscription amount received amounts to ₹1.77 crore. Each warrant can be converted into one equity share at ₹10, with further payment of ₹12 required upon conversion. This strategic move aims to strengthen the company’s capital structure and attract new investors. For shareholders, this could signify positive growth and financial stability, although it also introduces potential dilution risks.

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