ALPHA TRIBE

Trident Lifeline LtdInsider Trade, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Hardik Desai Family Trust has announced the acquisition of 189,000 convertible equity warrants of Trident Lifeline Limited under a preferential offer. This increases the Trust’s and its related parties’ holding in the company, raising their combined stake to approximately 67.79% of the total diluted share capital. The total equity share capital of Trident Lifeline remains at 1,149.92 lakh shares of ₹10 each, with diluted capital reaching 1,249.34 lakh shares post-allotment. This significant consolidation enhances the Trust’s control, impacting governance and future strategic decisions for shareholders.

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