Description

Listing of 3,495,000 equity shares of Sunrise Efficient Marketing Limited issued at Rs. 106/- per share on preferential basis pursuant to warrant conversion, effective November 14, 2025.

Summary

BSE has approved the listing of 3,495,000 equity shares of Sunrise Efficient Marketing Limited (Scrip Code: 543515) effective November 14, 2025. These shares were issued to non-promoters on a preferential basis at Rs. 106/- per share (face value Rs. 10/- plus premium of Rs. 96/-) pursuant to warrant conversion. The shares rank pari-passu with existing equity shares and are subject to lock-in until May 15, 2026.

Key Points

  • Company: Sunrise Efficient Marketing Limited
  • Scrip Code: 543515
  • ISIN: INE0KPY01017
  • Number of Shares: 3,495,000 equity shares of Rs. 10/- each
  • Issue Price: Rs. 106/- per share (Rs. 10/- face value + Rs. 96/- premium)
  • Allotment Type: Preferential basis to non-promoters (warrant conversion)
  • Trading Commencement: Friday, November 14, 2025
  • Distinctive Numbers: 15665001 to 19160000
  • Date of Allotment: May 27, 2025 & June 10, 2025
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory framework changes. This is a standard listing notification following SEBI guidelines for preferential allotment and warrant conversion.

Compliance Requirements

  • Trading members must update their systems to reflect the increased share capital of Sunrise Efficient Marketing Limited
  • All shares under distinctive numbers 15665001 to 19160000 are subject to lock-in restrictions and cannot be traded until the lock-in period expires
  • Members must ensure compliance with lock-in provisions when processing trades

Important Dates

  • Allotment Dates: May 27, 2025 and June 10, 2025
  • Trading Commencement: November 14, 2025
  • Lock-in Expiry: May 15, 2026 (for all 3,495,000 shares)
  • Circular Date: November 13, 2025
  • Notice Number: 20251113-12

Impact Assessment

Market Impact: Minimal. This is a company-specific listing that increases the outstanding shares of Sunrise Efficient Marketing Limited by 3.495 million shares. The lock-in period until May 15, 2026 means these shares will not be available for trading in the secondary market for approximately six months, limiting immediate supply impact.

Operational Impact: Low. Trading members need to note the lock-in restrictions when handling orders for this scrip. The shares are fungible with existing equity shares post lock-in period.

Investor Impact: Relevant only for existing shareholders and potential investors in Sunrise Efficient Marketing Limited. The preferential allotment represents dilution for existing shareholders, though shares were issued at a premium indicating positive valuation.

Impact Justification

Routine preferential allotment listing for a specific company with limited market-wide impact. Affects only shareholders and trading members dealing with this particular scrip.