Description

Prime Fresh Limited lists 12,805 equity shares issued at Rs. 164/- to promoters on preferential basis pursuant to warrant conversion, with trading commencing November 17, 2025.

Summary

BSE has approved the listing of 12,805 equity shares of Prime Fresh Limited (Scrip Code: 540404) issued to promoters on a preferential basis pursuant to conversion of warrants. The shares will commence trading on Monday, November 17, 2025. The shares were allotted on September 11, 2025, at an issue price of Rs. 164/- per share (face value Rs. 10/- plus premium of Rs. 154/-) and are subject to a lock-in period until May 31, 2027.

Key Points

  • 12,805 equity shares of Rs. 10/- each listed and permitted to trade
  • Issued to promoters on preferential basis through warrant conversion
  • Issue price: Rs. 164/- per share (Rs. 10/- face value + Rs. 154/- premium)
  • Distinctive numbers: 13845768 to 13858572
  • ISIN: INE442V01012
  • Shares rank pari-passu with existing equity shares
  • All 12,805 shares subject to lock-in until May 31, 2027

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must note the listing of these new securities
  • Lock-in restrictions apply to all 12,805 shares (Dist. Nos. 13845768 to 13858572) until May 31, 2027
  • Shares cannot be transferred or sold before the lock-in expiry date

Important Dates

  • Notice Date: November 14, 2025
  • Allotment Date: September 11, 2025
  • Trading Commencement: November 17, 2025
  • Lock-in Expiry: May 31, 2027

Impact Assessment

This is a routine corporate action with minimal market impact. The preferential allotment involves a small number of shares (12,805) issued to promoters through warrant conversion. The 18-month lock-in period ensures these shares will not enter the market immediately, preventing any dilution pressure. As the shares rank pari-passu with existing shares, there are no differential rights or complications for existing shareholders. The trading commencement is primarily an administrative formality for record-keeping purposes.

Impact Justification

Routine listing of small preferential allotment (12,805 shares) from warrant conversion to promoters with standard lock-in period, minimal market impact