
Orient Technologies shares surged significantly after shareholders approved a 1:10 bonus issue. This corporate action, which will capitalize Rs 4.16 crore from the securities premium account, aims to reward existing shareholders and is seen as a sign of investor confidence in the company's financial discipline and strategic positioning in technology segments. The record date for the bonus share distribution is yet to be announced. The company, an IT infrastructure and digital transformation services provider, has experienced stock volatility despite this recent rally.