Mumbai, Dec. 30 -- Eligible shareholders will receive 10 equity shares for every one share held. The record date for determining eligibility will be announced separately in due course. The approval, received through a postal ballot process with strong shareholder participation, reflects continued investor confidence in the company's financial discipline, resilient operating model, and its strategic positioning in high-growth technology segments that are driving enterprise transformation across India.

The bonus issue will be implemented through the capitalisation of Rs 4.16 crore from the securities premium account.

Ajay Sawant, chairman and managing director (MD), Orient Technologies, said: "The approval of the bonus issue is a clear en...