Description
93,000 new equity shares of Trident Lifeline Limited listed on BSE with effect from August 22, 2025, issued on preferential basis with lock-in periods.
Summary
93,000 new equity shares of Trident Lifeline Limited (Scrip Code: 543616) have been listed and approved for trading on BSE with effect from Friday, August 22, 2025. These shares were issued on a preferential basis to promoters and non-promoters pursuant to conversion of warrants at Rs. 266/- per share.
Key Points
- 93,000 equity shares of Rs. 10/- each issued at premium of Rs. 256/-
- Issue price: Rs. 266/- per share
- Allotment date: July 1, 2025
- Trading commences: August 22, 2025
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 11499201 to 11592200
- ISIN: INE0MKA01014
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
Trading members are informed about the new securities listing and permitted trading.
Important Dates
- Allotment Date: July 1, 2025
- Trading Start Date: August 22, 2025
- Lock-in expiry for 27,000 shares: February 28, 2026
- Lock-in expiry for 66,000 shares: February 28, 2027
Impact Assessment
Minimal market impact as this is a routine listing of shares from warrant conversion. The lock-in periods ensure gradual release of shares into the market, preventing immediate dilution pressure.
Impact Justification
Routine listing of new shares from warrant conversion with limited market impact