Description
55,800 equity shares of Trident Lifeline Limited listed on BSE with effect from January 6, 2026, issued on preferential basis pursuant to conversion of warrants.
Summary
BSE has approved the listing of 55,800 equity shares of Trident Lifeline Limited (Scrip Code: 543616) effective January 6, 2026. These shares were issued at a premium of Rs. 256/- on a preferential basis to promoters and non-promoters pursuant to conversion of warrants. The shares will rank pari-passu with existing equity shares and are subject to lock-in until July 14, 2027.
Key Points
- 55,800 equity shares of Rs. 10/- each listed on BSE
- Issue price: Rs. 266/- per share (including premium of Rs. 256/-)
- Issued to promoters and non-promoters on preferential basis
- Shares issued pursuant to conversion of warrants
- ISIN: INE0MKA01014
- Distinctive Numbers: 11642001 to 11697800
- Trading commences: January 6, 2026
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members should note the listing of these new securities for trading purposes effective January 6, 2026.
Important Dates
- Date of Allotment: December 5, 2025
- Trading Commencement: January 6, 2026
- Lock-in Period Expiry: July 14, 2027
- Notice Date: January 5, 2026
Impact Assessment
This is a routine listing notification with minimal market impact. The addition of 55,800 shares through warrant conversion represents a small issuance on preferential basis. All shares are subject to a lock-in period until July 14, 2027, preventing immediate trading of these securities. No impact on existing shareholders’ rights as new shares rank pari-passu with existing equity shares.
Impact Justification
Routine listing of small number of shares (55,800) from warrant conversion with standard lock-in provisions, minimal market impact