Description
24,48,000 equity shares of Orient Tradelink Ltd. (Scrip Code: 531512) listed and permitted to trade on BSE with effect from February 5, 2026, issued on preferential basis pursuant to conversion of warrants.
Summary
BSE has approved the listing of 24,48,000 new equity shares of Orient Tradelink Ltd. (Scrip Code: 531512) with effect from Thursday, February 5, 2026. These 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 allotments were made between August 29, 2025 and September 12, 2025, and all shares are subject to a lock-in period until August 31, 2026.
Key Points
- 24,48,000 equity shares of Rs. 10/- each listed on BSE
- Issue price: Rs. 16/- per share (Rs. 10/- face value + Rs. 6/- premium)
- Shares issued to Non-Promoters on preferential basis
- Issued pursuant to conversion of warrants
- Trading permitted from February 5, 2026
- ISIN: INE681D01039
- Shares rank pari-passu with existing equity shares
- Multiple allotment dates between August 29, 2025 and September 12, 2025
- Distinctive Numbers: 15915001 to 18363000
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification following preferential allotment procedures.
Compliance Requirements
- Trading members must note the new securities available for trading from February 5, 2026
- All 24,48,000 shares are subject to mandatory lock-in until August 31, 2026
- Shares cannot be transferred or traded by allottees until lock-in expiry
Important Dates
- Allotment Dates: August 29, 2025 to September 12, 2025 (multiple tranches)
- August 29, 2025: 1,00,000 shares
- August 30, 2025: 1,00,000 shares
- September 1, 2025: 1,00,000 shares
- September 9, 2025: 2,00,000 shares
- September 10, 2025: 12,50,000 shares
- September 12, 2025: 6,98,000 shares
- Trading Start Date: February 5, 2026
- Lock-in Expiry: August 31, 2026
- Notice Date: February 4, 2026
Impact Assessment
Market Impact: Low. This is a routine listing of preferential allotment shares representing warrant conversions. The shares increase the equity base of Orient Tradelink Ltd. by 24,48,000 shares, but the lock-in period until August 31, 2026 means these shares will not be available for trading by current holders, limiting immediate supply impact.
Operational Impact: Minimal. Trading members need to update their systems to reflect the increased share capital and new distinctive number ranges. The pari-passu status means no special treatment required for corporate actions.
Dilution: The new shares will dilute existing shareholders, though the exact percentage depends on the pre-issue capital base (not mentioned in the circular).
Impact Justification
Routine listing of preferential allotment shares post warrant conversion for a single company with standard lock-in provisions