Description

Orient Technologies Limited announces bonus share issue in ratio 1:10 with record date on January 5, 2026 and listing on January 7, 2026.

Summary

Orient Technologies Limited (BSE Scrip Code: 544235) has announced a bonus share issue in the ratio of 1:10, meaning 1 new equity share of Rs. 10/- face value for every 10 existing equity shares held. The company will issue 41,64,174 bonus equity shares with record date set as January 5, 2026. The bonus shares will be credited to demat accounts by 12:00 Noon on January 6, 2026 (T+1 day) and will be available for trading from January 7, 2026 (T+2 day).

Key Points

  • Bonus Ratio: 1:10 (1 equity share for every 10 existing shares)
  • Total Bonus Shares: 41,64,174 equity shares of Rs. 10/- each
  • ISIN: INE0PPK01015
  • Record Date: January 5, 2026
  • Deemed Date of Allotment: January 6, 2026
  • Effective Listing Date: January 7, 2026
  • Distinctive Number Range: From 4,16,41,743 to 4,58,05,916
  • Credit to Demat: By 12:00 Noon on January 6, 2026 (T+1)
  • Trading Commencement: Beginning of Day (BOD) on January 7, 2026 (T+2)

Regulatory Changes

This circular is filed in compliance with SEBI Circular No. SEBI/CIR/CFD/PoD/2024/122 dated September 16, 2024, which mandates specific undertakings and disclosures for bonus share issues.

Compliance Requirements

  • Company to credit bonus shares in depository system by 12:00 Noon on T+1 day (January 6, 2026)
  • Bonus shares to be made available for trading from Beginning of Day (BOD) on T+2 day (January 7, 2026)
  • Company has provided undertaking confirming adherence to SEBI timeline requirements
  • Company has submitted details including distinctive numbers, ISIN, deemed allotment date, and effective listing date

Important Dates

  • January 1, 2026: Date of circular submission to BSE
  • January 5, 2026: Record Date for bonus share entitlement
  • January 6, 2026: Deemed Date of Allotment; credit to demat accounts by 12:00 Noon (T+1)
  • January 7, 2026: Effective Listing Date; trading begins from BOD (T+2)

Impact Assessment

Market Impact: The bonus issue will increase the total issued equity capital of Orient Technologies Limited by 10% (based on 1:10 ratio). This will improve stock liquidity and make shares more accessible to retail investors through reduced per-share price.

Shareholder Impact: Existing shareholders as of record date (January 5, 2026) will receive 1 bonus share for every 10 shares held. This is a value-neutral event that increases shareholding quantity without changing proportional ownership.

Trading Impact: Post-listing on January 7, 2026, the stock price will adjust proportionally to reflect the increased share count. The 1:10 ratio is relatively modest compared to more aggressive bonus ratios, minimizing price volatility.

Impact Justification

Routine corporate action affecting existing shareholders through bonus share issuance. Medium impact limited to specific scrip.