Description

BSE lists 80,000 new equity shares of Triton Valves Ltd issued at Rs. 1740/- through preferential warrant conversion, effective December 8, 2025.

Summary

BSE has approved the listing of 80,000 new equity shares of Triton Valves Ltd. (Scrip Code: 505978) issued through conversion of warrants on a preferential basis to promoters and non-promoters. The shares will be available for trading from December 8, 2025, and rank pari-passu with existing equity shares.

Key Points

  • 80,000 equity shares of Rs. 10/- each issued at a premium of Rs. 1730/-
  • Total issue price: Rs. 1740/- per share
  • Issued to promoters and non-promoters on preferential basis pursuant to warrant conversion
  • Distinctive Numbers: 1200528 to 1280527
  • Date of Allotment: October 1, 2025
  • ISIN: INE440G01017
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

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

Compliance Requirements

  • Trading members must note the new securities for trading purposes
  • Lock-in restrictions apply to the allotted shares as per details below
  • Shares are subject to standard listing compliance requirements

Important Dates

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

Impact Assessment

Market Impact: Low - The listing involves a relatively small number of shares (80,000) which represents minimal dilution. The preferential issue was completed through warrant conversion at Rs. 1740/- per share.

Lock-in Structure: Half of the allotted shares (40,000) are locked in until June 2026, and the remaining half until June 2027, which limits immediate trading supply.

Investor Impact: Standard preferential allotment with appropriate lock-in periods to prevent immediate market dumping. Trading members should update their records for accurate trading and settlement.

Impact Justification

Routine listing of 80,000 shares (small quantity) through warrant conversion with standard lock-in requirements. Limited market impact for scrip code 505978.