Trident Lifeline Ltd — Updates, 01-07-2025: Company Update

Trident Lifeline Limited has announced a board meeting outcome wherein 93,000 warrants were converted into fully paid-up equity shares at an issue price of Rs. 266 each, raising Rs. 1.86 Cr. The warrant holders—five investors including Trident Texofab Limited and individuals—paid the balance 75% conversion amount. Post allotment, the company’s paid-up equity capital increased to Rs. 11.59 Cr with 1.16 crore shares of face value Rs. 10 each. This equity infusion strengthens the company’s capital base and reflects commitment from promoters and investors.