Indian Clarity

Light. Truth. Clarity.

Loading ad...
Markets

Orient Technologies Shares Rally After Shareholders Approve Bonus Issue - Check Ratio, Record Date Updates

ADVERTISEMENTOrient Technologies Shares Rally After Shareholders Approve Bonus Issue — Check Ratio, Record Date UpdatesOrient Technologies said the bonus issue is intended to increase equity liquidity and broaden shareholder participation. NDTV Profit Desk30 Dec 2025, 01:19 PM IST i30 Dec 2025, 01:12 PM IST30 Dec 2025, 01:19 PM ISTSave (Photo source: Unsplash) Show Quick ReadSummary is AI Generated. Newsroom ReviewedShares of Orient Technologies advanced as much as 14% after the company's shareholders approved the issue of bonus shares. The shares are currently trading at around Rs 376.55. The IT infrastructure service provide said shareholders have approved a bonus issue of equity shares in the ratio of one-for-10, a move the company said reflects its capital position and ongoing focus on long-term value creation, according to its notification to the exchanges. The approval came through a postal ballot process with shareholder participation, according to the company.

Orient Technologies Shares Rally After Shareholders Approve Bonus Issue - Check Ratio, Record Date Updates

Credit: Feedburner

Key Highlights

  • The bonus issue will be carried out by capitalising Rs 4.16 crore from the securities premium account, it said. The company said the bonus issue is intended to increase equity liquidity and broaden shareholder participation. Bonus Shares Record DateWhile the company added that the bonus shares will rank pari passu with existing fully paid-up equity shares and will be credited in dematerialised form to eligible shareholders, It said the record date to determine eligibility will be announced later.
  • The company has received in-principle approval from stock exchanges for the issue. No analysts tracked by Bloomberg have coverage on this stock. Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
  • Feel free to Add NDTV Profit as trusted source on Google. OUR NEWSLETTERS Sign UpBy signing up you agree to the Terms & Conditions of NDTV ProfitADVERTISEMENT.
Loading ad...

Sources

  1. Orient Technologies Shares Rally After Shareholders Approve Bonus Issue - Check Ratio, Record Date Updates

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Related Stories

Loading ad...