Description

BSE announces listing and trading of 49,800 equity shares of Trident Lifeline Limited issued on preferential basis to promoters pursuant to conversion of warrants, effective January 9, 2026.

Summary

BSE has approved the listing of 49,800 new equity shares of Trident Lifeline Limited (Scrip Code: 543616) issued to promoters on a preferential basis pursuant to warrant conversion. The shares will be available for trading from Friday, January 9, 2026. These shares were issued at a price of Rs. 266 per share (face value Rs. 10 with premium of Rs. 256) and are subject to lock-in until July 30, 2027.

Key Points

  • 49,800 equity shares of Rs. 10 face value each issued at premium of Rs. 256 per share
  • Total issue price: Rs. 266 per share
  • Issued to promoters on preferential basis pursuant to conversion of warrants
  • Trading commences on BSE from January 9, 2026
  • Distinctive numbers: 11592201 to 11642000
  • Date of allotment: November 21, 2025
  • New shares rank pari-passu with existing equity shares
  • ISIN: INE0MKA01014
  • Scrip Code: 543616

Regulatory Changes

No regulatory changes. This is a standard listing notification following preferential allotment procedures.

Compliance Requirements

  • Trading members are informed to note the new securities for trading purposes
  • Lock-in restrictions apply to all 49,800 shares until July 30, 2027
  • These shares cannot be transferred or sold during the lock-in period

Important Dates

  • Allotment Date: November 21, 2025
  • Trading Commencement: January 9, 2026
  • Lock-in Period Ends: July 30, 2027
  • Circular Date: January 8, 2026

Impact Assessment

Market Impact: Minimal. The preferential allotment represents a small number of shares issued to promoters with a lock-in period of over 18 months. This indicates promoter commitment but will not affect free float or trading volumes in the near term.

Operational Impact: Routine listing process with no operational changes for market participants. Trading members need to update their systems to reflect the increased share capital.

Shareholder Impact: Existing shareholders should note the dilution, though the shares are locked-in and issued to promoters. The warrant conversion suggests promoter confidence in the company’s prospects.

Impact Justification

Routine preferential allotment with small number of shares (49,800) to promoters. Limited market impact due to lock-in period until July 30, 2027.