Description
53.64 lakh equity shares of Orient Tradelink Ltd. issued on preferential basis pursuant to warrant conversion to be listed and traded from February 6, 2026.
Summary
BSE has approved the listing of 53,64,000 equity shares of Orient Tradelink Ltd. (Scrip Code: 531512) issued to non-promoters on preferential basis pursuant to conversion of warrants. The shares will be available for trading from February 6, 2026, with a lock-in period until August 31, 2026.
Key Points
- Total shares listed: 53,64,000 equity shares of Rs. 10/- each
- Issue price: Rs. 16/- per share (Rs. 10/- face value + Rs. 6/- premium)
- Allotment to non-promoters on preferential basis through warrant conversion
- ISIN: INE681D01039
- Shares ranking pari-passu with existing equity shares
- Distribution numbers: 19353001 to 24717000
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification.
Compliance Requirements
- Trading members should note the new securities for trading from February 6, 2026
- All 53.64 lakh shares are subject to lock-in restrictions until August 31, 2026
Important Dates
- Allotment dates: October 9-16, 2025 (staggered across multiple dates)
- October 9, 2025: 5,00,000 shares
- October 13, 2025: 8,00,000 shares
- October 14, 2025: 1,00,000 shares
- October 15, 2025: 11,42,000 shares
- October 16, 2025: 28,22,000 shares
- Trading commencement: February 6, 2026
- Lock-in expiry: August 31, 2026
Impact Assessment
Minimal immediate market impact expected as:
- All shares are locked-in until August 31, 2026, preventing immediate selling pressure
- Represents preferential allotment to non-promoters through warrant conversion
- Shares will trade pari-passu with existing equity, maintaining equal rights
- Routine corporate action with no material change to company fundamentals
Impact Justification
Routine listing of preferential allotment shares with lock-in period. Limited market impact as shares are locked until August 2026.