Description

BSE announces listing of 6,65,000 equity shares of Sunrise Efficient Marketing Limited issued on preferential basis pursuant to warrant conversion, effective August 21, 2025.

Summary

BSE has approved the listing of 6,65,000 new equity shares of Sunrise Efficient Marketing Limited (Scrip Code: 543515) issued through conversion of warrants on a preferential basis to non-promoters. The shares will commence trading on August 21, 2025.

Key Points

  • 6,65,000 equity shares of Rs. 10/- each issued at Rs. 96/- premium
  • Issue price: Rs. 106/- per share
  • Issued to non-promoters on preferential basis
  • Shares rank pari-passu with existing equity shares
  • Distribution numbers: 15000001 to 15665000

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

Trading members are informed of the new securities listing and trading permissions.

Important Dates

  • Allotment Date: April 10, 2025
  • Trading Commencement: August 21, 2025
  • Lock-in Period: Until February 20, 2026

Impact Assessment

Minimal market impact as this represents a small preferential allotment with complete lock-in restrictions. The shares cannot be traded freely until February 2026, limiting immediate liquidity effects.

Impact Justification

Routine listing of converted warrants with minimal market impact