Orient Technologies Announces 1:10 Bonus Issue Approved by Shareholders
Orient Technologies Limited announced on December 19, 2025, that its shareholders have approved a bonus issue of equity shares in the ratio of 1:10. This approval was obtained through a Postal Ballot ...
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Why is Orient Technologies Limited in the news today?
Orient Technologies Limited (ORIENTTECH) is in the news due to the announcement of a shareholder-approved bonus issue is generally viewed positively as it indicates company confidence, financial strength, and a desire to reward shareholders.
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Orient Technologies Announces 1:10 Bonus Issue Approved by Shareholders
December 29, 2025, 10:51 AM
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Orient Technologies Limited announced on December 19, 2025, that its shareholders have approved a bonus issue of equity shares in the ratio of 1:10. This approval was obtained through a Postal Ballot process, reflecting strong shareholder participation and confidence in the company's financial discipline and growth strategy.
The bonus issue will be implemented by capitalizing ₹4.16 crore from the Securities Premium Account, in compliance with the Companies Act, 2013, and SEBI regulations. The bonus shares will be credited in dematerialised form and will rank pari passu with existing equity shares. The record date for eligibility will be announced separately. The company has received in-principle approvals from the stock exchanges for this issue.
This bonus issue signifies the company's strong balance sheet, consistent performance, and prudent capital management. It aims to enhance equity liquidity and broaden retail participation, aligning with the objective of creating long-term, inclusive value for shareholders. The company continues to invest in growth areas like cloud services, cybersecurity, and digital transformation.
Mr. Ajay Sawant, Chairman and Managing Director, stated that the bonus issue approval is an endorsement of the company's fundamentals, governance, and vision, reflecting its robust balance sheet and execution capabilities. Orient Technologies, with over three decades of experience, is positioned as a strategic technology partner for enterprises, capitalizing on India's expanding digital economy.
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