Description

1,35,000 equity shares of Trident Lifeline Limited issued at Rs. 266/- on preferential basis to promoters pursuant to warrant conversion, listed with effect from January 30, 2026.

Summary

BSE has listed 1,35,000 new equity shares of Trident Lifeline Limited (Scrip Code: 543616) issued to promoters on preferential basis pursuant to conversion of warrants. The shares are listed and permitted to trade with effect from January 30, 2026. These shares were allotted on December 27, 2025 at an issue price of Rs. 266/- per share (face value Rs. 10/- plus premium of Rs. 256/-) and rank pari-passu with existing equity shares.

Key Points

  • 1,35,000 equity shares of Rs. 10/- each issued at premium of Rs. 256/-
  • Issued to promoters on preferential basis pursuant to warrant conversion
  • Distinctive Numbers: 11798001 to 11933000
  • Issue Price: Rs. 266/- per share
  • ISIN: INE0MKA01014
  • All shares subject to lock-in until August 31, 2027
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members are informed that these securities are available for trading from January 30, 2026
  • Lock-in restrictions apply on all 1,35,000 shares (Dist. Nos. 11798001-11933000) until August 31, 2027
  • Normal trading and settlement procedures apply subject to lock-in provisions

Important Dates

  • Date of Allotment: December 27, 2025
  • Listing Date: January 30, 2026 (Friday)
  • Lock-in Period Ends: August 31, 2027

Impact Assessment

Market Impact: Minimal. This is a relatively small preferential allotment representing warrant conversion by promoters. The lock-in period until August 31, 2027 ensures these shares will not impact immediate market supply.

Liquidity Impact: Negligible impact on liquidity given the small number of shares and promoter lock-in.

Investor Impact: Neutral for existing shareholders. The preferential issue to promoters may indicate confidence but involves minimal dilution. The shares rank pari-passu with existing equity, preserving shareholder rights.

Impact Justification

Routine preferential allotment to promoters via warrant conversion with minimal impact on overall shareholding and market liquidity