Description

BSE lists 57,725 new equity shares of Prime Fresh Limited (Scrip Code: 540404) effective February 23, 2026, issued to promoters on a preferential basis pursuant to conversion of warrants at Rs. 164 per share.

Summary

BSE has notified trading members that 57,725 new equity shares of Prime Fresh Limited (Scrip Code: 540404, ISIN: INE442V01012) are listed and permitted to trade on the Exchange with effect from Monday, February 23, 2026. These shares were issued to promoters on a preferential basis at Rs. 164 per share (face value Rs. 10 + premium of Rs. 154) pursuant to conversion of warrants, and rank pari-passu with existing equity shares.

Key Points

  • Company: Prime Fresh Limited (BSE Scrip Code: 540404)
  • Number of shares listed: 57,725 equity shares
  • Face value: Rs. 10/- per share
  • Issue price: Rs. 164/- per share (Rs. 10 face value + Rs. 154 premium)
  • Allottee: Promoters (preferential basis)
  • Basis of issue: Conversion of warrants
  • Distribution numbers: 13858573 to 13916297
  • Date of allotment: February 2, 2026
  • Trading effective from: Monday, February 23, 2026
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a routine corporate action notification under BSE’s listing and trading admission process for newly allotted securities.

Compliance Requirements

  • Trading members are informed to update their systems to reflect the new securities eligible for trading from February 23, 2026.
  • The allotted shares are subject to a mandatory lock-in period and cannot be traded until October 31, 2027.

Important Dates

  • Date of allotment: February 2, 2026
  • Trading commencement: February 23, 2026 (Monday)
  • Lock-in expiry: October 31, 2027

Impact Assessment

The listing involves a small preferential allotment of 57,725 shares to promoters, representing a minor increase in the total share capital of Prime Fresh Limited. The entire allotment is under lock-in until October 31, 2027, meaning these shares will not be available for market trading in the near term. The impact on market liquidity and price discovery is minimal. The warrant conversion at Rs. 164 per share signals the promoters’ continued commitment to the company at that valuation.

Impact Justification

Routine preferential allotment listing involving a small number of shares (57,725) issued to promoters via warrant conversion. Lock-in until October 2027 limits near-term trading impact. No regulatory changes or broad market implications.