Description
BSE announces listing of 1,00,200 equity shares of Trident Lifeline Limited issued on preferential basis pursuant to warrant conversion, effective January 29, 2026.
Summary
BSE has approved the listing of 1,00,200 new equity shares of Trident Lifeline Limited (Scrip Code: 543616) issued to promoters on a preferential basis pursuant to warrant conversion. Trading commences on January 29, 2026. The shares were allotted at Rs. 266 per share (face value Rs. 10 plus premium of Rs. 256) and are subject to lock-in until August 31, 2027.
Key Points
- 1,00,200 equity shares of Rs. 10/- each listed and permitted to trade
- Issued to promoters on preferential basis pursuant to warrant conversion
- Issue price: Rs. 266 per share (Rs. 10 face value + Rs. 256 premium)
- Distinctive numbers: 11697801 to 11798000
- ISIN: INE0MKA01014
- Shares rank pari-passu with existing equity shares
- Date of allotment: December 16, 2025
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members must note the listing of these new securities for trading purposes effective January 29, 2026.
Important Dates
- Allotment Date: December 16, 2025
- Trading Commencement: January 29, 2026
- Lock-in Expiry: August 31, 2027
Impact Assessment
This is a routine corporate action with minimal market impact. The preferential allotment of 1,00,200 shares to promoters represents a standard capital raising activity through warrant conversion. The shares are locked in for approximately 19 months until August 2027, preventing immediate selling pressure. The impact on overall market operations and trading activity is negligible given the small issuance size and promoter-only allocation.
Impact Justification
Routine preferential allotment to promoters with small share count relative to market operations; limited broad market impact