Orient Tradelink Ltd — Important, 28-11-2025: Company Update
28-11-2025 | 04:22 pm
28-11-2025 | 04:22 pm
The Board has approved the allotment of 1,00,000 new equity shares to non-promoter Chattar Singh, converting existing warrants into equity. Each share was issued at INR 16, which includes a premium of INR 6, after the company received the remaining 75% of the subscription amount. This preferential allotment raises fresh capital for the company and leads to an increase in its paid-up equity share capital from INR 34.83 Cr to INR 34.93 Cr, effectively diluting existing equity slightly while bringing in funds from the warrant conversion.
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