Orient Technologies Limited has announced the implementation of its shareholder-approved 1:10 bonus issue, marking a significant milestone in the company's value creation strategy. Following the successful postal ballot approval on December 19, 2025, the company has now provided detailed implementation framework and received in-principle approvals from stock exchanges.

Bonus Issue Implementation Details

The company has confirmed the implementation of the bonus share issue with comprehensive specifications:

Management Commentary and Strategic Vision

Mr. Ajay Sawant emphasized the significance of the bonus issue, stating that it represents "a clear endorsement of the confidence our shareholders have in Orient Technologies' fundamentals, governance standards, and long-term vision." He highlighted that the decision reflects the strength of the company's balance sheet and consistency of execution while continuing investments in future-ready capabilities across cloud, cybersecurity, and managed services.

Voting Process Timeline

The approval process was conducted through comprehensive remote e-voting with strong shareholder participation:

Strategic Positioning and Growth Focus

With over three decades of industry experience, Orient Technologies continues evolving from a traditional IT solutions provider into a strategic technology partner. The company's integrated service offerings position it to capitalize on India's expanding digital economy and the shift toward outcome-driven, managed, and subscription-led IT models. The bonus issue aligns with the company's objective of enhancing equity liquidity and broadening retail participation while creating long-term value.

Regulatory Compliance and Next Steps

The postal ballot was conducted in full compliance with the Companies Act, 2013, and SEBI regulations, with Alwyn D'Souza of Alwyn D'Souza & Co. serving as scrutinizer. The bonus shares will rank pari-passu with existing equity shares and be credited directly to shareholders' demat accounts. The company will announce the record date for determining eligibility separately, following coordination with stock exchanges for the listing of additional shares.

Orient Technologies Limited has reported a strong financial performance for the second quarter of fiscal year 2026, with significant revenue growth and strategic wins across various sectors. The company is also on track to commercialize its Security Operations Center (SOC) in the near future.

Financial Highlights

Orient Technologies delivered robust financial results for Q2 FY26:

For the first half of FY26, the company reported:

Segmental Revenue Mix (Q2 FY26)

• Telecommunication: 13.11%
• BFSI: 14.90%
• Government/PSU: 19.65%
• ITES: 4.94%
• Mid-market and others: 47.40%

Strategic Wins and Operational Highlights

Orient Technologies secured several notable deals during the quarter:

1. A Rs. 3.75 crore contract from a global pharmaceutical company for implementing high-availability technology infrastructure using Dell's Azure Stack.
2. A Rs. 30.00 crore order from a Big Four consulting firm for a technology refresher program.
3. A multi-year contract worth Rs. 30.81 crores from New India Assurance for network, backup, and storage solutions across its data centers.
4. Successful completion of phase one of the VAT automation solution for the Government of Maharashtra, valued at Rs. 18.69 crores over five years.
5. Partnership with a prominent foreign bank to deliver and manage its regulatory reporting module on the cloud.

Security Operations Center (SOC) Update

The company's SOC is in advanced stages of operational readiness, with core infrastructure, tools, and monitoring framework fully deployed. Orient Technologies expects to begin commercializing the SOC and generating revenues from the latter half of Q3 or early Q4 of FY26.

Future Outlook

Orient Technologies remains confident about maintaining strong double-digit revenue growth for FY26, driven by robust demand across digital, cloud, and managed services. The company anticipates gradual margin improvement in Q4 as set-up costs taper and services-led revenues scale up.

Bonus Share Issue

In a separate development, Orient Technologies has announced a bonus share issue in the ratio of 1:10, subject to shareholder approval. This move aims to reward shareholders, increase liquidity, and expand the company's member base.

Orient Technologies continues to focus on digital transformation, offering solutions in cloud services, cybersecurity, managed IT services, financial management, and business intelligence. The company is well-positioned to capitalize on the growing demand for IT services in India's rapidly digitalizing economy.