Description
3,495,000 equity shares of Sunrise Efficient Marketing Limited listed on BSE pursuant to conversion of warrants issued on preferential basis to non-promoters.
Summary
BSE has listed 3,495,000 equity shares of Sunrise Efficient Marketing Limited (Scrip Code: 543515) effective November 14, 2025. These shares were issued at a premium to non-promoters on a preferential basis pursuant to conversion of warrants and are subject to lock-in restrictions until May 15, 2026.
Key Points
- 3,495,000 equity shares of Rs. 10/- each issued at Rs. 106/- (premium of Rs. 96/-)
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 15665001 to 19160000
- ISIN: INE0KPY01017
- Trading commences on November 14, 2025
Regulatory Changes
No regulatory changes. This is a routine listing notification.
Compliance Requirements
Trading members should note the listing of these securities for trading purposes effective November 14, 2025.
Important Dates
- Allotment Date: May 27, 2025 & June 10, 2025
- Trading Effective Date: November 14, 2025
- Lock-in Expiry: May 15, 2026
Impact Assessment
Minimal market impact. This is a company-specific listing event involving conversion of warrants to equity shares. The entire allotment of 3,495,000 shares is subject to lock-in until May 15, 2026, restricting immediate tradability. The preferential issue to non-promoters increases the public float of Sunrise Efficient Marketing Limited.
Impact Justification
Routine listing of shares from warrant conversion for a single company with limited market-wide impact