Description

Listing of 80,000 equity shares of Triton Valves Ltd issued at Rs. 1740/- per share to promoters and non-promoters on preferential basis pursuant to conversion of warrants.

Summary

BSE has approved the listing of 80,000 new equity shares of Triton Valves Ltd (Scrip Code: 505978) issued through preferential allotment pursuant to warrant conversion. The shares will commence trading on Monday, December 8, 2025. The shares were allotted to promoters and non-promoters at an issue price of Rs. 1740/- per share (face value Rs. 10/- with premium of Rs. 1730/-) and are subject to lock-in periods.

Key Points

  • 80,000 equity shares of Rs. 10/- each issued at premium of Rs. 1730/- per share
  • Issue price: Rs. 1740/- per share
  • Issued to promoters and non-promoters on preferential basis
  • Securities issued pursuant to conversion of warrants
  • Date of allotment: October 1, 2025
  • Distinctive numbers: 1200528 to 1280527
  • ISIN: INE440G01017
  • New shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a standard listing notification for new securities.

Compliance Requirements

  • Trading members are informed of the new securities listing
  • Lock-in requirements must be observed as per specified schedule
  • Shares to be treated at par with existing equity shares for all rights and privileges

Important Dates

  • Date of Allotment: October 1, 2025
  • Trading Commencement: December 8, 2025
  • Lock-in Expiry:
    • 40,000 shares (Dist. Nos. 1200528 to 1240527): June 8, 2027
    • 40,000 shares (Dist. Nos. 1240528 to 1280527): June 9, 2026

Impact Assessment

Market Impact: Low. The listing involves a relatively small number of shares (80,000) representing modest capital raising through warrant conversion. The shares are subject to lock-in periods ranging from approximately 6-18 months from listing date, which will limit immediate supply in the market.

Investor Impact: Minimal dilution for existing shareholders. The preferential allotment to promoters and non-promoters with lock-in provisions suggests long-term commitment from stakeholders.

Operational Impact: None. This is a routine corporate action with standard listing procedures.

Impact Justification

Routine listing of small number of shares (80,000) from warrant conversion with standard lock-in provisions. Limited market impact due to small issue size.