Description
BSE announces listing of 1,00,200 new equity shares of Trident Lifeline Limited issued on preferential basis to promoters pursuant to conversion of warrants, 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 on a preferential basis to promoters pursuant to conversion of warrants. The shares will be available for trading from January 29, 2026, and are subject to a lock-in period until August 31, 2027.
Key Points
- 1,00,200 equity shares of Rs. 10/- each issued at a premium of Rs. 256/- per share
- Issue price: Rs. 266/- per share
- Shares issued to promoters on preferential basis pursuant to warrant conversion
- Distribution Numbers: 11697801 to 11798000
- Date of Allotment: December 16, 2025
- ISIN: INE0MKA01014
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes. This is a routine listing notification following SEBI guidelines for preferential allotment.
Compliance Requirements
- Trading members must note the new securities in their systems
- All 1,00,200 shares are subject to mandatory lock-in until August 31, 2027
- Shares cannot be transferred or traded during the lock-in period as per SEBI regulations
Important Dates
- Allotment Date: December 16, 2025
- Trading Commencement: January 29, 2026
- Lock-in Expiry: August 31, 2027
Impact Assessment
Minimal market impact expected as this is a small preferential allotment to promoters with approximately 18-month lock-in period. The shares represent fundraising through warrant conversion and will not affect immediate market liquidity. Trading members should update their records to reflect the increased share capital of Trident Lifeline Limited.
Impact Justification
Routine listing of new equity shares from warrant conversion on preferential basis to promoters with standard lock-in. Limited market impact as shares are locked until August 2027.