Description
BSE announces listing of 9,32,384 new equity shares of Trident Texofab Limited issued through preferential allotment, effective August 4, 2025.
Summary
BSE has announced the listing of 9,32,384 new equity shares of Trident Texofab Limited (Scrip Code: 540726) issued through preferential allotment to non-promoters pursuant to warrant conversion. The shares will be available for trading from Monday, August 4, 2025.
Key Points
- 9,32,384 equity shares of Rs. 10/- each issued at Rs. 60/- premium
- Issue price: Rs. 70/- per share
- Shares issued to non-promoters on preferential basis
- Issued pursuant to conversion of warrants
- New shares rank pari-passu with existing equity shares
- ISIN: INE071Y01013
Regulatory Changes
No regulatory changes introduced. This is a routine listing of additional securities.
Compliance Requirements
- Trading members are informed of the new securities listing
- Lock-in period applies until February 5, 2026
- All 9,32,384 shares (Dist. Nos. 14063381 to 14995764) are subject to lock-in
Important Dates
- Allotment Date 1: May 29, 2025 (4,50,477 shares)
- Allotment Date 2: June 4, 2025 (4,81,907 shares)
- Trading Commencement: August 4, 2025
- Lock-in Period End: February 5, 2026
Impact Assessment
Minimal market impact expected as this represents a routine listing of additional shares through warrant conversion. The lock-in period until February 2026 ensures these shares will not immediately affect trading liquidity. The preferential allotment to non-promoters may marginally dilute promoter shareholding.
Impact Justification
Routine listing of additional shares through warrant conversion with minimal market impact