Description
3,00,000 equity shares of Orient Tradelink Ltd. (Scrip Code 531512) listed on BSE effective February 4, 2026, issued on preferential basis pursuant to warrant conversion.
Summary
BSE has listed 3,00,000 equity shares of Orient Tradelink Ltd. (Scrip Code 531512) effective February 4, 2026. The shares were issued at Rs. 16/- per share (face value Rs. 10/- plus premium of Rs. 6/-) to non-promoters on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to lock-in until August 31, 2026.
Key Points
- 3,00,000 new equity shares listed for trading from February 4, 2026
- Scrip Code: 531512, ISIN: INE681D01039
- Issued to non-promoters through warrant conversion
- Issue price: Rs. 16/- per share (Rs. 10/- face value + Rs. 6/- premium)
- Distinctive numbers: 15615001 to 15915000
- All shares subject to complete lock-in period
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes. This is a standard listing notification following SEBI regulations for preferential allotment and warrant conversion.
Compliance Requirements
- Trading members must note the new securities are available for trading from February 4, 2026
- Lock-in restrictions apply to all 3,00,000 shares until August 31, 2026
- Shares issued in accordance with preferential allotment norms
Important Dates
- Allotment Dates: August 12, 2025 (1,00,000 shares) and August 13, 2025 (2,00,000 shares)
- Trading Commencement: February 4, 2026
- Lock-in Expiry: August 31, 2026
- Circular Date: February 3, 2026
Impact Assessment
Market Impact: Minimal. The allotment of 3 lakh shares represents a relatively small issuance that is unlikely to materially impact trading volumes or stock price.
Operational Impact: Trading members can trade these securities from February 4, 2026, subject to lock-in restrictions. The shares are fungible with existing equity shares.
Dilution: The preferential allotment increases the equity base of Orient Tradelink Ltd., though the quantum suggests limited dilution to existing shareholders.
Lock-in Period: Complete lock-in until August 31, 2026 prevents immediate selling pressure from allottees.
Impact Justification
Routine listing notice for small preferential allotment (3 lakh shares) to non-promoters with standard lock-in period, limited market impact