Bonus Issue of Equity Shares: ORIENT TECHNOLOGIES LIMITED

ORIENT TECHNOLOGIES LIMITED has announced a Bonus Issue of Equity Shares as part of its corporate action. Trading Members are hereby informed that the company has fixed the Record Date for determining the eligibility of shareholders for the bonus issue. The equity shares of the company shall trade on an Ex-Bonus basis with effect from the date mentioned below.

Details of Corporate Action

Impact on Shareholding

Shareholders holding equity shares of ORIENT TECHNOLOGIES LIMITED as on the Record Date shall be entitled to receive bonus equity shares in the ratio of 1:10. This will lead to an increase in the number of shares held by investors, while the overall investment value remains proportionately unchanged, subject to market price adjustment.

Note

A bonus issue is a corporate action in which a company issues additional equity shares free of cost to its existing shareholders by capitalizing its reserves. Following the bonus issue, the market price of the equity shares is expected to adjust to reflect the increased number of outstanding shares.

Conclusion

The bonus issue announced by ORIENT TECHNOLOGIES LIMITED reflects the company’s intent to reward existing shareholders, improve market liquidity, and encourage broader equity participation.