Description
135,000 equity shares of Trident Lifeline Limited issued on preferential basis to promoters pursuant to warrant conversion, listed and permitted to trade with effect from January 30, 2026.
Summary
BSE has approved the listing of 135,000 equity shares of Trident Lifeline Limited (Scrip Code: 543616) issued to promoters on a preferential basis pursuant to conversion of warrants. The shares will be available for trading from January 30, 2026, and rank pari-passu with existing equity shares.
Key Points
- 135,000 equity shares of Rs. 10/- each issued at premium of Rs. 256/-
- Issue price: Rs. 266/- per share
- Issued to promoters on preferential basis pursuant to warrant conversion
- Distribution numbers: 11798001 to 11933000
- Date of allotment: December 27, 2025
- ISIN: INE0MKA01014
- Shares rank pari-passu with existing equity shares
- All shares subject to lock-in until August 31, 2027
Regulatory Changes
No regulatory changes. This is a routine listing notification.
Compliance Requirements
- Trading members are informed of the new securities listing
- Shares subject to mandatory lock-in period as per SEBI regulations for preferential allotment
Important Dates
- Allotment Date: December 27, 2025
- Trading Commencement: January 30, 2026
- Lock-in Expiry: August 31, 2027
Impact Assessment
Minimal market impact. This is a small preferential allotment to promoters from warrant conversion representing 135,000 shares. The shares are locked in for approximately 20 months until August 2027, preventing any immediate trading by the allottees. This is a routine corporate action with no broader market implications.
Impact Justification
Routine listing of preferential allotment shares from warrant conversion affecting single company with small share count (135,000 shares) and standard lock-in provisions.