Orient Technologies shares rally 13% as shareholders nod for bonus issue; here’s all you need to know

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.

By enhancing equity liquidity and broadening retail participation, the bonus issue also aligns with the company’s objective of creating long-term, inclusive value for its shareholder base, the company further said.

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 offers products and solutions across specialised IT-enabled services (ITeS), IT infrastructure, and cloud and data management services (CDMS). Its client base spans sectors including pharmaceuticals, healthcare, IT & ITeS, and banking, financial services and insurance (BFSI).

Orient Technologies share price

At 10:20 AM, Orient Technologies shares were trading at ₹272.55 apiece on NSE, gaining 12.59%.

Over the last five trading sessions, it has jumped 10%. In a month, shares of the firm have gained 4%, while they have slumped 24% since the beginning of 2025. The company's market capitalisation stands at ₹1,555.94 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.