Oriental Rail Infrastructure Ltd — Updates, 28-06-2025: Company Update

Oriental Rail Infrastructure Limited has announced a board meeting on which the Allotment Committee approved the conversion of 5 lakh convertible warrants held by promoter group member Mrs. Wazeera S. Mithiborwala into 5 lakh equity shares at a price of Rs.169 each (face value Rs.1 plus premium Rs.168). Post allotment, her equity holding stands at 59.47 lakh shares. This share conversion strengthens promoter holding and reflects ongoing capital infusion via preferential allotment, potentially supporting the company’s growth plans.