Description

55,800 equity shares of Trident Lifeline Limited listed on BSE with effect from January 9, 2026, issued at Rs. 266 per share pursuant to conversion of warrants on preferential basis.

Summary

BSE has announced the listing of 55,800 new equity shares of Trident Lifeline Limited (Scrip Code: 543616) effective from January 9, 2026. These shares were issued at a premium of Rs. 256 per share (face value Rs. 10) to promoters and non-promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in until July 14, 2027.

Key Points

  • Company: Trident Lifeline Limited (Scrip Code: 543616)
  • Number of Shares: 55,800 equity shares of Rs. 10 each
  • Issue Type: Preferential allotment pursuant to warrant conversion
  • Issue Price: Rs. 266 per share (Rs. 10 face value + Rs. 256 premium)
  • Allottees: Promoter and Non-Promoter categories
  • Date of Allotment: December 5, 2025
  • Trading Commencement: January 9, 2026
  • Distinctive Numbers: 11642001 to 11697800
  • ISIN: INE0MKA01014
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed to note the listing of these new securities
  • All 55,800 shares (Distinctive Numbers 11642001 to 11697800) are subject to lock-in provisions
  • Lock-in applies to both promoter and non-promoter allottees who received shares on preferential basis

Important Dates

  • Date of Allotment: December 5, 2025
  • Trading Start Date: January 9, 2026
  • Lock-in Expiry: July 14, 2027

Impact Assessment

Market Impact: Low. The listing involves a relatively small number of shares (55,800) representing minimal dilution to the existing shareholder base. The issue price of Rs. 266 per share provides transparency for market participants.

Trading Impact: Minimal immediate trading impact as all shares are locked-in until July 14, 2027, preventing their sale in the market for approximately 18 months from the trading commencement date.

Corporate Action: This represents successful conversion of warrants into equity shares, demonstrating confidence from both promoter and non-promoter investors who exercised their warrants at the predetermined price.

Impact Justification

Routine listing of small preferential allotment (55,800 shares) from warrant conversion with limited market impact due to small issue size and lock-in period until July 2027