Description
890,000 equity shares of Orient Tradelink Ltd listed on BSE with effect from February 6, 2026, issued on preferential basis pursuant to conversion of warrants.
Summary
BSE has approved the listing of 890,000 new equity shares of Orient Tradelink Ltd (Scrip Code: 531512) with effect from February 6, 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 warrant conversion. The shares are subject to lock-in until August 31, 2026.
Key Points
- 890,000 equity shares of Rs. 10/- each listed and permitted to trade from February 6, 2026
- Issued at Rs. 16/- per share (including premium of Rs. 6/-) to Non-Promoters
- Shares issued pursuant to conversion of warrants on preferential basis
- Date of allotment: September 24, 2025
- ISIN: INE681D01039
- Distinctive Numbers: 18463001 to 19353000
- New shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes. This is a routine listing notification for newly issued securities.
Compliance Requirements
- Trading members are informed to enable trading in these new securities from February 6, 2026
- All 890,000 shares are subject to lock-in restrictions and cannot be transferred until August 31, 2026
Important Dates
- Allotment Date: September 24, 2025
- Trading Commencement: February 6, 2026
- Lock-in Expiry: August 31, 2026
Impact Assessment
Limited market impact as this is a company-specific listing event. The preferential allotment represents additional equity capital for Orient Tradelink Ltd through warrant conversion. The lock-in period until August 31, 2026 prevents immediate liquidity of these shares in the market, minimizing short-term supply pressure. This is a routine corporate action with no broader implications for market operations or trading rules.
Impact Justification
Routine listing of preferential shares from warrant conversion for a single company with lock-in restrictions, minimal market-wide impact