Intimation regarding receipt of trading approval for 57,725 shares of the company issued to the promoter on a preferential basis pursuant to the conversion of warrants
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Prime Fresh Limited has received trading approval from BSE for 57,725 equity shares that were allotted on February 2, 2026, upon conversion of 57,725 convertible warrants held by promoter Mr. Hiren Ghelani. The shares have a face value of Rs. 10 each and were issued at a premium of Rs. 154, meaning an effective issue price of Rs. 164 per share. BSE granted the approval on February 20, 2026, and trading in these shares commenced from Monday, February 23, 2026. This is a routine procedural update following the earlier allotment and listing approvals.
This is a standard corporate action enabling trading of shares already allotted to the promoter via warrant conversion; it slightly increases the promoter's stake and the total share count, but is not expected to materially impact the stock price since these shares were already issued weeks ago.