Description

BSE announces listing of 80,000 equity shares of Triton Valves Ltd issued on preferential basis pursuant to 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 on a preferential basis to Promoters and Non-Promoters pursuant to conversion of warrants. The shares will commence trading on December 8, 2025, and rank pari-passu with existing equity shares.

Key Points

  • 80,000 equity shares of Rs. 10/- each issued at premium of Rs. 1,730/-
  • Issue price: Rs. 1,740/- per share
  • Allotment date: October 1, 2025
  • Trading commencement: December 8, 2025
  • Distinctive numbers: 1200528 to 1280527
  • ISIN: INE440G01017
  • Issued pursuant to warrant conversion on preferential basis
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes announced. This is a routine listing notification for preferential allotment.

Compliance Requirements

  • Trading members should note the listing of these new securities
  • Lock-in provisions must be adhered to as specified
  • Securities subject to preferential allotment regulations

Important Dates

  • Allotment Date: October 1, 2025
  • Trading Commencement: December 8, 2025
  • Lock-in Expiry (40,000 shares): June 9, 2026
  • Lock-in Expiry (40,000 shares): June 8, 2027

Lock-in Details

  • 40,000 shares (Dist. Nos. 1200528 to 1240527): Locked-in until June 8, 2027
  • 40,000 shares (Dist. Nos. 1240528 to 1280527): Locked-in until June 9, 2026

Impact Assessment

Market Impact: Low - The listing involves a relatively small number of shares (80,000) with lock-in provisions, limiting immediate liquidity impact. The preferential allotment to Promoters and Non-Promoters through warrant conversion indicates planned capital infusion.

Liquidity Impact: Minimal - With 50% of shares locked until 2027 and remaining 50% until 2026, the immediate impact on tradable float is negligible.

Investor Consideration: Existing shareholders should note the dilution effect, though the small size limits material impact on ownership percentages.

Impact Justification

Routine listing of small preferential allotment (80,000 shares) with lock-in provisions. Limited market impact due to small issue size and lock-in restrictions.