Description
BSE lists 93,000 new equity shares of Trident Lifeline Limited issued through warrant conversion at Rs. 266 per share.
Summary
BSE has listed 93,000 new equity shares of Trident Lifeline Limited (Scrip Code: 543616) effective August 22, 2025. The shares were issued at Rs. 266 per share (Rs. 10 face value + Rs. 256 premium) to promoters and non-promoters through warrant conversion on preferential basis.
Key Points
- 93,000 equity shares of Rs. 10 each issued at Rs. 266 per share
- Shares issued through conversion of warrants on preferential basis
- New shares rank pari-passu with existing equity shares
- ISIN: INE0MKA01014
- Distribution numbers: 11499201 to 11592200
- Allotment date: July 1, 2025
Regulatory Changes
No regulatory changes. Standard listing process for warrant conversion.
Compliance Requirements
- Trading members can trade these securities from August 22, 2025
- Lock-in provisions apply as specified
Important Dates
- Allotment Date: July 1, 2025
- Trading Commencement: August 22, 2025
- Lock-in Expiry: 66,000 shares until February 28, 2027; 27,000 shares until February 28, 2026
Impact Assessment
Minimal market impact. This is a routine preferential allotment for a small company with limited trading volume. The lock-in provisions ensure gradual release of shares to the market over the next 1-2 years.
Impact Justification
Routine equity share listing with minimal market impact for small company