Description

BSE announces listing of 3,495,000 equity shares of Sunrise Efficient Marketing Limited issued at Rs. 106/- on preferential basis pursuant to conversion of warrants, with trading commencing November 14, 2025.

Summary

BSE has approved the listing of 3,495,000 equity shares of Sunrise Efficient Marketing Limited (Scrip Code: 543515) issued to non-promoters on a preferential basis pursuant to conversion of warrants. The shares will be available for trading from Friday, November 14, 2025. These new shares rank pari-passu with existing equity shares and are subject to lock-in until May 15, 2026.

Key Points

  • 3,495,000 equity shares of Rs. 10/- each issued at a premium of Rs. 96/-
  • Issue price: Rs. 106/- per share
  • Issued to non-promoters on preferential basis pursuant to warrant conversion
  • Distinctive Numbers: 15665001 to 19160000
  • ISIN: INE0KPY01017
  • Allotment dates: May 27, 2025 and June 10, 2025
  • Shares rank pari-passu with existing equity shares
  • Trading commencement: November 14, 2025

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following SEBI preferential allotment regulations.

Compliance Requirements

  • Trading members are informed to note the new securities for trading purposes
  • Lock-in restrictions must be observed for all 3,495,000 shares until May 15, 2026
  • No trading permitted in the locked-in shares during the lock-in period

Important Dates

  • Allotment Dates: May 27, 2025 and June 10, 2025
  • Trading Commencement: November 14, 2025
  • Lock-in Period Ends: May 15, 2026

Impact Assessment

Market Impact: Low - This is a routine listing of preferential shares for a single company. The shares represent warrant conversion and will increase the free float gradually after the lock-in period expires.

Liquidity Impact: Minimal immediate impact as all shares are locked-in until May 15, 2026. Post lock-in, approximately 3.5 million shares will become available for trading.

Investor Impact: Existing shareholders should note the dilution effect of 3,495,000 additional shares. The preferential issue price of Rs. 106/- provides a reference point for recent company valuation.

Impact Justification

Routine listing notification for preferential allotment through warrant conversion with standard lock-in period. Limited market-wide impact.