Description
BSE lists 89,15,000 new equity shares of Orient Tradelink Ltd. (Scrip Code: 531512) issued on preferential basis through conversion of warrants, effective for trading from April 13, 2026.
Summary
BSE has listed 89,15,000 new equity shares of Orient Tradelink Ltd. (Scrip Code: 531512, ISIN: INE681D01039) on the Exchange. These shares were issued on a preferential basis to Non-Promoters at an issue price of Rs. 16/- per share (face value Rs. 10/- + premium of Rs. 6/-) pursuant to conversion of warrants. The shares are permitted to trade effective Monday, April 13, 2026.
Key Points
- Company: Orient Tradelink Ltd. (Scrip Code: 531512)
- Number of Shares: 89,15,000 equity shares of Rs. 10/- each
- Issue Price: Rs. 16/- per share (Rs. 10/- face value + Rs. 6/- premium)
- Allottees: Non-Promoters (preferential basis, conversion of warrants)
- Distribution Numbers: 24717001 to 33632000
- Pari-passu: Shares rank equally with existing equity shares
- ISIN: INE681D01039
- Trading effective from: Monday, April 13, 2026
Regulatory Changes
No new regulatory changes introduced. This is a standard listing admission notice under BSE’s listing operations for newly issued securities.
Compliance Requirements
- Trading members of the Exchange are informed to note the new scrip details and distribution numbers before commencing trades from April 13, 2026.
- The 89,15,000 shares are subject to a lock-in period and cannot be freely traded until the lock-in expiry date.
Important Dates
| Event | Date |
|---|---|
| Allotment (Tranche 1) | October 17, 2025 — Dist. Nos. 24717001 to 26722000 |
| Allotment (Tranche 2) | October 23, 2025 — Dist. Nos. 26722001 to 29676000 |
| Allotment (Tranche 3) | October 24, 2025 — Dist. Nos. 29676001 to 30708000 |
| Allotment (Tranche 4) | October 25, 2025 — Dist. Nos. 30708001 to 30808000 |
| Allotment (Tranche 5) | October 29, 2025 — Dist. Nos. 30808001 to 33632000 |
| Trading Commencement | April 13, 2026 |
| Lock-in Expiry | October 15, 2026 |
Impact Assessment
The listing of 89,15,000 additional equity shares represents a dilutive event for existing shareholders of Orient Tradelink Ltd. The shares were allotted to Non-Promoters at Rs. 16/- per share via warrant conversion, a relatively low issue price that may signal existing market valuation dynamics. All newly listed shares are subject to lock-in until October 15, 2026, limiting immediate selling pressure from allottees. Trading members should update their scrip records to reflect the expanded share capital from April 13, 2026.
Impact Justification
Routine listing notice for new shares in a small-cap company via preferential allotment; medium impact for existing shareholders due to dilution of ~89 lakh shares with a lock-in period extending to October 2026.