Description
Listing of 49,800 equity shares of Trident Lifeline Limited issued on preferential basis pursuant to conversion of warrants, effective January 9, 2026.
Summary
BSE has announced the listing of 49,800 new equity shares of Trident Lifeline Limited (Scrip Code: 543616) effective January 9, 2026. These shares were issued to promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 266 per share (face value Rs. 10 with premium of Rs. 256). The shares are subject to lock-in until July 30, 2027.
Key Points
- 49,800 equity shares of Rs. 10 each issued at premium of Rs. 256 per share
- Issued to promoters on preferential basis through warrant conversion
- Issue price: Rs. 266 per share
- Distinctive numbers: 11592201 to 11642000
- Date of allotment: November 21, 2025
- Trading commences: January 9, 2026
- ISIN: INE0MKA01014
- Shares rank pari-passu with existing equity shares
- Complete lock-in on all 49,800 shares until July 30, 2027
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members are informed about the listing and permitted trading of these new securities. Standard trading procedures apply for the listed shares, subject to the lock-in restrictions.
Important Dates
- Allotment Date: November 21, 2025
- Listing Date: January 9, 2026
- Lock-in Expiry: July 30, 2027
Impact Assessment
Minimal market impact expected as this is a routine listing of preferential allotment shares. The 49,800 shares represent a relatively small issuance issued to promoters with a lock-in period of approximately 18 months. The shares will not be available for trading by promoters until after July 2027, limiting immediate supply impact. Standard price discovery and liquidity patterns expected for the existing traded shares.
Impact Justification
Routine listing of new shares from warrant conversion with limited market impact due to small size (49,800 shares) and promoter lock-in until July 2027