Orient Tradelink Ltd — Important, 01-09-2025: Company Update
01-09-2025 | 11:47 am
01-09-2025 | 11:47 am
Orient Tradelink's Board has approved the allotment of 100,000 equity shares following the conversion of warrants. Each share, with a face value of INR 10, was allotted at INR 16, including a premium of INR 6. This allotment, made to a non-promoter investor, was upon receipt of the final 75% subscription amount (INR 12 per warrant). Consequently, the company's paid-up equity share capital increased from INR 16.115 Cr to INR 16.215 Cr, and the total number of equity shares rose from 1,60,15,000 to 1,62,15,000. This capital infusion reflects the conversion of previously issued warrants.
No comments yet. Be the first to comment!
