Orient Technologies shares soar 15% as firm sets record date for bonus issue; check date and other details

This follows a day after the IT infrastructure provider firm’s shareholders approved the issuance of bonus shares in the ratio of 1:10—that is, one new fully paid-up equity share of ₹10 each for every 10 existing fully paid-up equity shares of ₹10 each, ranking pari passu in all respects.

“In this regard, we wish to inform you that the Company has fixed Monday, January 05, 2026, as the Record Date for the purpose of determining the eligibility of shareholders entitled to receive the Bonus Shares,” Orient Technologies said in a regulatory filing.

The deemed date of allotment for the bonus shares has been set for January 6, 2026, and the shares will be available for trading from the next working day on January 7, 2026, the filing further said.

Bonus issue details

The bonus issue will be implemented through the capitalisation of ₹4.16 crore from the Securities Premium Account, in line with applicable provisions of the Companies Act, 2013, and SEBI regulations, the company informed in a regulatory filing.

Orient Technologies said the approval was secured through a postal ballot with strong shareholder participation.

The bonus equity shares will rank pari passu with existing fully paid-up equity shares and will be credited in dematerialised form to eligible shareholders. The company further said that the record date for determining eligibility will be announced separately later.

Orient Technologies had received the in-principle approvals from the stock exchanges in connection with the proposed issue of bonus equity shares, it said.

Management comments

Commenting on the development, Ajay Sawant said, “The approval of the bonus issue is a clear endorsement of the confidence our shareholders have in Orient Technologies’ fundamentals, governance standards, and long-term vision. It reflects the strength of our balance sheet and the consistency of our execution, even as we continue to invest in future-ready capabilities across cloud, cybersecurity, and managed services.”

Sawant further said that the firm’s focus remains on building a scalable, resilient, and differentiated technology services platform that delivers sustainable value to all stakeholders over the long term.

Orient Technologies share price

At 11:35 AM, Orient Technologies shares were trading at ₹451 apiece on NSE, gaining 14.17%.

Over the last five trading sessions, it has jumped 17%. In a month, shares of the firm have gained over 10%, while they have slumped 19% since the beginning of 2025. The company's market capitalisation stands at ₹1,653.39 crore.

Shares of the firm had hit a 52-week high of ₹674.85 on January 20, 2025, and a 52-week low of ₹294.20 on March 18, 2025.