Orient Tradelink has informed that the Board of Directors of the Company in its meeting held today 08th February, 2023 (Commenced from 11:00 AM and Concluded at 11:30 AM. The Board has considered and approved the allotment of 2,00,000 equity shares of Face value of Rs 10 (Rupees Ten Only) each, fully paid up, at an Issue price of Rs 11 (Indian Rupees Eleven only) including premium of Re 1 (Indian Rupees One Only) per Equity Share, aggregating up to Rs 22,00,000 (Indian Rupees Twenty-Two Lakhs Only) pursuant to conversion of unsecured loan into equity shares to the enclosed allottees and in terms of in-Principal Approval received from Bombay Stock Exchange on 02nd February, 2023.
The above information is a part of company’s filings submitted to BSE.
