Description
Listing and trading approval for 8,90,000 equity shares of Orient Tradelink Ltd issued on preferential basis pursuant to warrant conversion, effective February 6, 2026.
Summary
BSE has approved the listing and trading of 8,90,000 new equity shares of Orient Tradelink Ltd (Scrip Code: 531512) effective February 6, 2026. These shares were issued at Rs. 16 per share (Rs. 10 face value + Rs. 6 premium) to Non-Promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in until August 31, 2026.
Key Points
- 8,90,000 equity shares of Rs. 10 face value each issued
- Issue price: Rs. 16 per share (including premium of Rs. 6)
- Issued to Non-Promoters on preferential basis
- Allotment pursuant to conversion of warrants
- Date of allotment: September 24, 2025
- Trading commences: February 6, 2026
- ISIN: INE681D01039
- Distinctive Numbers: 18463001 to 19353000
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members should note the new securities available for trading from February 6, 2026
- Lock-in restrictions apply to all 8,90,000 shares until August 31, 2026
- No trading or transfer of locked-in shares permitted during the lock-in period
Important Dates
- Date of Allotment: September 24, 2025
- Trading Commencement: February 6, 2026
- Lock-in Expiry: August 31, 2026
Impact Assessment
This is a routine corporate action with minimal market impact. The preferential allotment represents a small issuance to Non-Promoters through warrant conversion. The lock-in period ensures these shares cannot be traded until August 31, 2026, preventing immediate dilution impact. Trading members should update their systems to reflect the increased share capital and trading availability from February 6, 2026.
Impact Justification
Routine listing of preferential allotment shares for a single company with no broader market impact