Description
1,00,200 equity shares of Trident Lifeline Limited issued at premium to promoters on preferential basis pursuant to conversion of warrants, listed and permitted to trade effective January 29, 2026.
Summary
BSE has listed 1,00,200 new equity shares of Trident Lifeline Limited (Scrip Code: 543616) issued to promoters on a preferential basis pursuant to warrant conversion. The shares are permitted to trade on the exchange effective January 29, 2026. These equity shares of Rs. 10/- each were issued at a premium of Rs. 256/- (total issue price Rs. 266/-) and rank pari-passu with existing equity shares.
Key Points
- 1,00,200 equity shares of Rs. 10/- 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
- Date of allotment: December 16, 2025
- Trading commencement: January 29, 2026
- Distinguished numbers: 11697801 to 11798000
- ISIN: INE0MKA01014
- Shares rank pari-passu with old equity shares
- All shares are subject to lock-in until August 31, 2027
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed of the new securities listing. No specific compliance actions required beyond awareness of the new securities and their lock-in restrictions.
Important Dates
- Allotment Date: December 16, 2025
- Trading Commencement: January 29, 2026
- Lock-in Period Ends: August 31, 2027
Impact Assessment
Minimal market impact expected. The issuance represents a routine preferential allotment to promoters following warrant conversion. With all shares under lock-in until August 2027, there will be no immediate trading activity or liquidity impact from these securities. The shares rank equally with existing equity, maintaining uniform shareholder rights. This is an informational notice for trading members to update their records.
Impact Justification
Routine listing of preferential shares from warrant conversion to promoters with lock-in period. Limited market impact due to small volume and locked-in status until August 2027.