Description
BSE announces listing and trading approval for 93,000 new equity shares of Trident Lifeline Limited issued through warrant conversion.
Summary
BSE has approved the listing and trading of 93,000 new equity shares of Trident Lifeline Limited (Scrip Code: 543616) effective from Friday, August 22, 2025. These shares were issued through conversion of warrants on a preferential basis to promoters and non-promoters.
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 commencement: August 22, 2025
- Distribution numbers: 11499201 to 11592200
- ISIN: INE0MKA01014
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes involved - standard listing procedure for warrant conversion.
Compliance Requirements
Trading members are informed of the new securities available for trading from the specified date.
Important Dates
- Allotment Date: July 1, 2025
- Trading Start Date: August 22, 2025
- Lock-in expiry for 66,000 shares: February 28, 2027
- Lock-in expiry for 27,000 shares: February 28, 2026
Impact Assessment
Minimal market impact as this represents a small preferential allotment. The lock-in periods ensure gradual release of shares into the market, preventing immediate dilution effects.
Impact Justification
Routine listing of small number of shares with minimal market impact