Namita Shilpi Sinha Acquires 13 Lakh Shares in Orient Tradelink Limited

1 min read     Updated on 18 Sept 2025, 04:25 PM
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Overview

Orient Tradelink Limited disclosed to BSE Limited that Namita Shilpi Sinha has acquired 13,00,000 shares of the company. The disclosure was made under SEBI's Substantial Acquisition of Shares and Takeovers Regulations. Aushim Khetarpal, Managing Director & CFO, signed the disclosure document. Orient Tradelink is listed on BSE with scrip code 531512.

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*this image is generated using AI for illustrative purposes only.

Orient Tradelink Limited has reported a significant change in its shareholding structure. According to a disclosure made to the BSE Limited on September 18, 2025, Namita Shilpi Sinha has acquired 13,00,000 (13 lakh) shares of the company.

Disclosure Details

The acquisition was disclosed under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires investors to disclose substantial acquisitions of shares in listed companies.

Regulatory Compliance

The disclosure document was signed by Aushim Khetarpal, the Managing Director & CFO of Orient Tradelink Limited, confirming the company's adherence to regulatory requirements. Mr. Khetarpal, who holds the Director Identification Number (DIN) 00060319, submitted the disclosure to BSE Limited as per the prescribed format.

Company Information

Orient Tradelink Limited is listed on the Bombay Stock Exchange (BSE) with the scrip code 531512. The company made this disclosure in compliance with SEBI regulations, demonstrating its commitment to transparency in shareholding patterns.

Impact and Significance

While the exact impact of this acquisition on the company's overall shareholding structure is not specified in the disclosure, such substantial share acquisitions can potentially influence the company's ownership dynamics. Investors and market watchers may want to keep an eye on any further developments or changes in the company's shareholding pattern.

It's important to note that this disclosure is part of the routine regulatory process for listed companies in India, ensuring that the market and stakeholders are informed about significant changes in share ownership.

Shareholders and potential investors are advised to consider this information as part of their overall assessment of the company, while also consulting financial experts for personalized advice.

Historical Stock Returns for Orient Tradelink

1 Day5 Days1 Month6 Months1 Year5 Years
-3.17%-6.66%+12.88%-2.14%+48.35%+108.53%
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Orient Tradelink Approves Name Change, New Auditors, and Rs 89.10 Crore Preferential Issue

1 min read     Updated on 06 Sept 2025, 09:18 PM
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Shriram ShekharScanX News Team
Overview

Orient Tradelink's Board has approved plans to change the company name to Radiant Global Ventures Limited, issue 40,50,000 preferential shares at Rs 22 per share, and appoint new auditors. The board also approved reappointment of Aushim Khetarpal as Managing Director. These decisions are subject to shareholder approval at the upcoming AGM on September 29, 2025.

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*this image is generated using AI for illustrative purposes only.

Orient Tradelink 's Board of Directors has approved a series of significant changes, including a company name change, appointment of new auditors, and a substantial preferential share issue. These decisions, made during a board meeting on September 6, 2025, are subject to shareholder approval at the upcoming 31st Annual General Meeting (AGM).

Name Change and Rebranding

The company plans to change its name from "Orient Tradelink Limited" to "Radiant Global Ventures Limited," subject to regulatory approvals. This rebranding initiative aims to reflect the company's evolving vision and enhance its market appeal.

New Auditor Appointments

The Board has proposed the appointment of M/s. NYS & Company as Statutory Auditors for a five-year term, starting from the conclusion of the 31st AGM. Additionally, M/s. Vaibhav Sharma & Associates have been recommended as Secretarial Auditors for a five-year period, pending shareholder approval.

Preferential Share Issue

A significant decision involves the issuance of 40,50,000 equity shares at Rs 22.00 per share (including a premium of Rs 12.00) through a preferential allotment to 19 investors. This move is expected to raise approximately Rs 89.10 crore for the company. Notable changes in shareholding include:

  • Sanjay Sinha's stake increasing from 0.07% to 3.02%
  • Prakash Ch Srivastava's holding rising from 1.23% to 1.97%

Management Changes

The Board has approved the reappointment of Aushim Khetarpal as Managing Director for five years, effective September 1, 2024. Additionally, Mahendra Prasad Sharma is set to be regularized as an Independent Director for a five-year term.

Financial Implications

The preferential issue is expected to significantly bolster the company's financial position, providing capital for potential expansion and operational improvements.

Upcoming AGM

These decisions will be presented for shareholder approval at the 31st AGM, scheduled for September 29, 2025. The meeting will be held virtually through video conferencing.

Orient Tradelink's shares are listed on the BSE. Investors and stakeholders will be keenly watching the outcomes of these proposed changes and their impact on the company's future direction.

Historical Stock Returns for Orient Tradelink

1 Day5 Days1 Month6 Months1 Year5 Years
-3.17%-6.66%+12.88%-2.14%+48.35%+108.53%
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