Intimation about receipt of listing approval letter regarding listing 12,805 equity shares of the company issued to promoters on preferential basis pursuant to conversion of warrants
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Awaiting price reaction for this filing.
Prime Fresh Ltd has received BSE approval for listing 12,805 equity shares of Rs. 10 face value each, issued at a premium of Rs. 154 per share to the company's promoters. These shares were allotted on a preferential basis following the conversion of warrants previously held by the promoters. The total value of the allotment is approximately Rs. 21 lakhs. This is a procedural filing confirming that the exchange has cleared the listing of these shares, which were already issued earlier upon warrant conversion. Trading approval will follow once the company files additional confirmations from depositories and, if applicable, NSE.
This is a small, routine allotment to existing promoters and represents minimal equity dilution. Promoters converting their warrants into actual shares signals continued confidence in the company. Shareholders are unlikely to see any material impact on stock price or ownership structure from this filing.