Description
Orient Tradelink Ltd. lists 3,00,000 equity shares issued on preferential basis pursuant to warrant conversion, effective February 4, 2026.
Summary
BSE has approved the listing of 3,00,000 equity shares of Orient Tradelink Ltd. (Scrip Code: 531512) issued to non-promoters on a preferential basis pursuant to warrant conversion. The shares will be available for trading from February 4, 2026, and are subject to lock-in until August 31, 2026.
Key Points
- 3,00,000 equity shares of Rs. 10/- each issued at a premium of Rs. 6/- (total issue price: Rs. 16/-)
- Shares issued to non-promoters on preferential basis through warrant conversion
- Trading permitted from Wednesday, February 4, 2026
- Shares rank pari-passu with existing equity shares
- ISIN: INE681D01039
- Distinctive numbers: 15615001 to 15915000
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed of the new listing and should ensure proper settlement procedures for the newly listed securities.
Important Dates
- Allotment Dates: August 12-13, 2025 (1,00,000 shares on 12/08/2025; 2,00,000 shares on 13/08/2025)
- Trading Commencement: February 4, 2026
- Lock-in Expiry: August 31, 2026 (all 3,00,000 shares)
Impact Assessment
Limited market impact as this is a routine listing notification for a single company’s preferential allotment. The relatively small size of the issue (3 lakh shares at Rs. 16/- totaling Rs. 48 lakhs) and the lock-in period until August 2026 mean minimal immediate trading volume impact. This is a standard corporate action following warrant conversion procedures.
Impact Justification
Routine listing of preferential shares for a single company with limited market-wide impact. Standard warrant conversion procedure.