Orient Tradelink Ltd — Important, 29-10-2025: Company Update
29-10-2025 | 04:35 pm
29-10-2025 | 04:35 pm
Orient Tradelink has announced that its Board approved the allotment of 28,24,000 equity shares to non-promoter investors. These shares, with a face value of INR 10, were issued at INR 16 per share (including a premium of INR 6) upon the conversion of warrants. This conversion brings in the remaining subscription amount from warrant holders, strengthening the company's financial position. Consequently, the company's paid-up equity share capital has increased from INR 30.81 crore to INR 33.63 crore. This move expands the equity base and indicates warrant holders' commitment to the company.
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