Description

BSE lists 57,725 new equity shares of Prime Fresh Limited issued to promoters on a preferential basis pursuant to conversion of warrants, effective February 23, 2026.

Summary

BSE has listed 57,725 new equity shares of Prime Fresh Limited (Scrip Code: 540404) issued to promoters on a preferential basis pursuant to the conversion of warrants. These shares are tradable on the Exchange with effect from Monday, February 23, 2026.

Key Points

  • 57,725 equity shares of face value Rs. 10/- each issued at a premium of Rs. 154/- (issue price Rs. 164/-)
  • Shares issued to Promoters on a preferential basis via conversion of warrants
  • New shares rank pari-passu with existing equity shares of the company
  • ISIN: INE442V01012
  • Distribution numbers: 13858573 to 13916297
  • Date of allotment: February 2, 2026

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification pursuant to preferential allotment and warrant conversion under existing SEBI and BSE guidelines.

Compliance Requirements

  • Trading members are informed of the new securities available for trading from February 23, 2026
  • All 57,725 shares are subject to a lock-in period and cannot be traded by the promoters until the lock-in expiry date

Important Dates

  • Date of Allotment: February 2, 2026
  • Effective Trading Date: February 23, 2026
  • Lock-in Expiry: October 31, 2027 (applicable to all 57,725 shares, Dist. Nos. 13858573 to 13916297)

Impact Assessment

The allotment is small in scale (57,725 shares) and represents a preferential issue to promoters, indicating promoter confidence in the company. The shares are locked in until October 31, 2027, limiting any near-term selling pressure from this issuance. General investors and trading members should note the updated share capital and distribution numbers for settlement and depository purposes.

Impact Justification

Routine listing of a small preferential allotment (57,725 shares) to promoters following warrant conversion; limited broader market impact but relevant to existing shareholders due to promoter lock-in until October 2027.