Orient Tradelink Ltd — Important, 23-03-2026: Company Update
23-03-2026 | 07:00 pm
23-03-2026 | 07:00 pm
The company provided a clarification regarding its preferential allotment of 1.6769 Cr equity shares, which raised 26.83 Cr during the December 2025 quarter. An administrative delay led to the fund utilization statement being submitted separately from the financial results for that quarter. The company confirmed that all funds were used precisely as intended, with 18.51 Cr for working capital, 0.57 Cr for business expansion, and 7.75 Cr for inter-corporate deposits. This assures investors that the capital raised was deployed according to the stated objectives, despite the reporting delay.
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