Orient Tradelink Ltd — Updates, 08-04-2025: Company Update
08-04-2025 · 08:03 pm
Orient Tradelink has announced a board meeting outcome regarding the allotment of 55,65,000 fully convertible warrants on a preferential basis to specified investors at an issue price of ₹16 per warrant. This allotment, amounting to ₹2.22 crore, follows approval from shareholders and the BSE. Each warrant is convertible into one fully paid-up equity share at ₹10 with an 18-month exercise tenure.
This move strengthens the company's equity base and may enhance its capital structure. Investors could view this as a positive opportunity for growth, although the dilution of existing shares could present a potential risk.
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